VIR

Vir Biotechnology

Cap: $1.43B
Runway: Q2 2028

Clinical Pipeline (Compendium View)

Asset Indication Stage Next Catalyst
VIR-5500 mCRPC (Prostate Cancer) Phase 1 (Updating to Pivotal) Astellas Deal Close: April 2026
Tobevibart + Elebsiran Chronic Hepatitis D (HDV) Phase 2 (ECLIPSE) Full Enrollment: Q2 2026

Operational Overview

Operational Overview

Vir has undergone a massive transformation from a COVID-focus to an IO (Immuno-Oncology) and HDV powerhouse. The $1.7B Astellas partnership signed in Feb 2026 has completely de-risked their prostate cancer program.

Financial Fortitude

With nearly $900M in total pro-forma cash, VIR is the “Giant” in this coverage list. They are moving directly from Phase 1 to Pivotal trials in 2027 for VIR-5500, a bold move that signals high confidence in their “masked” T-cell engager platform.