Optimistic Buy Rating for DBV Technologies Amid Promising VIASKIN Peanut Trial DevelopmentsLast week, DBV announced that the final paent visit was completed in the pivotal Phase 3 VITESSE trial tesng VIASKIN Peanut for 4–7- year-olds with peanut allergies, and topline data are ancipated before year-end. The study has a 12-month main treatment period and a primary endpoint assessing the proporon of treatment responders (i.e. peanut desensizaon) in the acve versus placebo arms. If successful, the study should support accelerated approval in this age group, with a BLA submission currently planned for H1 2026. We recently hosted a management dinner with DBV, where we discussed key trial design elements and expectaons for the readout (LINK to note). Here, the bar for success is achieving stascal significance, which requires the lower bound of the 2-sided 95% confidence interval to be ≥15%; of note, this threshold was narrowly missed in DBV’s previous PEPITES trial in 4–11-year-olds.