Expansion into Biopharmaceutical Sector
Tivic Health has expanded into the biopharmaceutical sector, notably with the exclusive licensing of Statera Biopharma's TLR5 agonist assets, including the late-stage Phase III drug candidate, Entolimod.
Entolimod's Potential in ARS and Oncology
Entolimod has been granted Fast Track designation for ARS and an orphan drug designation for pediatric ARS. It also holds potential to treat radiation and chemotherapy side effects, tapping into a market valued between $19 billion and $24 billion.
Gross Margin Improvement
Gross margins increased to 63% in the second quarter from 21% a year ago, and to 67% for the first half of 2025 from 42% in the same period in 2024, due to reductions in product support and fulfillment costs.
Strategic Pipeline Realignment
Tivic is exiting the Consumer Health Tech business to focus on its prescription-based therapeutic pipeline, which includes biologic and bioelectronic therapies.
Financial Stability and Fundraising
Tivic raised $0.9 million through equity and preferred stock sales, with no debt on its balance sheet, ensuring progress towards GMP manufacturing validation for Entolimod.