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August 15, 2026 · Phase 2 readout

BIVI Phase 2 readout: a negative outcome, -33.8%

On August 15, 2026, NE3107 — BIOVIE INC. (Parkinsons Disease (PD)) reached its Phase 2 readout. The result was a negative outcome, and the stock moved -33.8% in the window around the event. It had already run -25.0% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$2.04
1d before
$1.35
Event day
$1.00
1d after
$1.27
5d after

Our prediction vs. the result

CatalystAlert called this one neutral (+0.6% expected); the stock actually moved -33.8%. Model confidence at the time: 40%.

See the full scored track record

Pre-catalyst setup

-25.0%
30-day run-up
16214%
30-day volatility
1.2×
volume spike