PHVS on Nasdaq
Pharvaris N.V.
We are a late-stage biopharmaceutical company focused on the development and commercialization of innovative therapies for rare diseases with significant unmet need, initially focused on angioedema.4 From its latest annual report
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Last updated Oct 19, 2026.
Overview
- TickerPHVS on Nasdaq1
- IndustryPharmaceutical Preparations1
- HeadquartersP71
- Incorporated inNetherlands3
- Business addressJ.H. Oortweg 21, 2333 Ch Leiden, Leiden3
- Filer categoryLarge accelerated filer3
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We are a late-stage biopharmaceutical company focused on the development and commercialization of innovative therapies for rare diseases with significant unmet need, initially focused on angioedema and other bradykinin-mediated diseases. Our first molecule, deucrictibant (previously referred to as PHA-022121 or PHA121), is a novel, oral, small-molecule bradykinin B2 receptor antagonist under development for the prevention or treatment of attacks due to bradykinin-mediated angioedema (AE-BK), including hereditary angioedema (HAE) and acquired angioedema due to C1-inhibitor deficiency (AAE-C1INH). Deucrictibant has the potential to address unmet medical needs by bringing improvements beyond the therapeutic profile of existing medicines and providing patients with quality of life and convenience that is superior to current standard-of-care. We believe deucrictibant has the potential to prov…4 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
Financial statements
No quarterly figures reported.
Every line of the income statement as filed: the last 3 fiscal years, latest first.2
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Research and development expenses | -124.5M EUR | -98.6M EUR | -65.6M EUR |
| General and administrative expenses | -45.3M EUR | -47.1M EUR | -31.3M EUR |
| Total operating expenses | -169.8M EUR | -145.7M EUR | -96.9M EUR |
| Finance (expenses) income | -3.9M EUR | 13.3M EUR | -2.9M EUR |
| Loss before income tax | -173.7M EUR | -132.4M EUR | -99.8M EUR |
| Income tax expense | -2.0M EUR | -1.8M EUR | -1.0M EUR |
| Net Loss | -175.7M EUR | -134.2M EUR | -100.9M EUR |
| Exchange (loss) gain arising on translation of foreign operations | -407.9K EUR | 152.3K EUR | -57.9K EUR |
| Equity holders of the Company | -176.1M EUR | -134.1M EUR | -100.9M EUR |
| Basic loss per share | -2.97 EUR | -2.48 EUR | -2.63 EUR |
| Diluted loss per share | -2.97 EUR | -2.48 EUR | -2.63 EUR |
No quarter-by-quarter statement was filed.
No quarterly figures reported.
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.2
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Property, plant and equipment | 642.5K EUR | 667.0K EUR | 223.7K EUR | |
| Right-of-use assets | 757.0K EUR | 813.8K EUR | 231.9K EUR | |
| Deferred tax assets | 887.4K EUR | 474.3K EUR | ||
| Current tax receivable | 4.0M EUR | 2.5M EUR | ||
| Receivables | 556.7K EUR | 457.8K EUR | ||
| Other current assets | 2.9M EUR | 5.7M EUR | ||
| Cash and cash equivalents | 291.7M EUR | 280.7M EUR | 391.2M EUR | 161.8M EUR |
| Total assets | 301.5M EUR | 291.4M EUR | ||
| Share capital | 7.8M EUR | 6.5M EUR | 6.3M EUR | |
| Share premium | 792.5M EUR | 623.6M EUR | ||
| Other reserves | 50.8M EUR | 39.7M EUR | ||
| Currency translation reserve | -270.2K EUR | 137.7K EUR | ||
| Accumulated loss | -579.6M EUR | -402.3M EUR | ||
| Total equity | 271.3M EUR | 267.8M EUR | 384.0M EUR | 149.3M EUR |
| Non-current lease liability | 576.6K EUR | 639.0K EUR | ||
| Trade and other payables | 5.1M EUR | 4.6M EUR | ||
| Accrued liabilities | 23.3M EUR | 17.6M EUR | ||
| Current lease liability | 200.2K EUR | 222.4K EUR | ||
| Current tax payable | 941.2K EUR | 601.2K EUR | ||
| Total liabilities | 30.2M EUR | 23.6M EUR | ||
| Total equity and liabilities | 301.5M EUR | 291.4M EUR |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Property, plant and equipment | 642.5K EUR | 667.0K EUR | 223.7K EUR | |
| Right-of-use assets | 757.0K EUR | 813.8K EUR | 231.9K EUR | |
| Deferred tax assets | 887.4K EUR | 474.3K EUR | ||
| Current tax receivable | 4.0M EUR | 2.5M EUR | ||
| Receivables | 556.7K EUR | 457.8K EUR | ||
| Other current assets | 2.9M EUR | 5.7M EUR | ||
| Cash and cash equivalents | 291.7M EUR | 280.7M EUR | 391.2M EUR | 161.8M EUR |
| Total assets | 301.5M EUR | 291.4M EUR | ||
| Share capital | 7.8M EUR | 6.5M EUR | 6.3M EUR | |
| Share premium | 792.5M EUR | 623.6M EUR | ||
| Other reserves | 50.8M EUR | 39.7M EUR | ||
| Currency translation reserve | -270.2K EUR | 137.7K EUR | ||
| Accumulated loss | -579.6M EUR | -402.3M EUR | ||
| Total equity | 271.3M EUR | 267.8M EUR | 384.0M EUR | 149.3M EUR |
| Non-current lease liability | 576.6K EUR | 639.0K EUR | ||
| Trade and other payables | 5.1M EUR | 4.6M EUR | ||
| Accrued liabilities | 23.3M EUR | 17.6M EUR | ||
| Current lease liability | 200.2K EUR | 222.4K EUR | ||
| Current tax payable | 941.2K EUR | 601.2K EUR | ||
| Total liabilities | 30.2M EUR | 23.6M EUR | ||
| Total equity and liabilities | 301.5M EUR | 291.4M EUR |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.2
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Loss before tax | -173.7M EUR | -132.4M EUR | -99.8M EUR |
| Share-based payment expense | 19.1M EUR | 16.2M EUR | 10.7M EUR |
| Depreciation expense | 418.4K EUR | 269.6K EUR | 257.6K EUR |
| Net foreign exchange loss (gain) | 11.7M EUR | -7.3M EUR | 2.8M EUR |
| Finance (income) costs | -439.6K EUR | -5.4M EUR | -204.0K EUR |
| (Increase) in receivables | -331.3K EUR | -34.3K EUR | -41.1K EUR |
| Decrease (increase) in other current assets | 1.7M EUR | -136.4K EUR | -953.9K EUR |
| (Decrease) increase in trade and other payables | -25.9K EUR | 1.7M EUR | -4.2M EUR |
| Increase (decrease) in accrued liabilities | 6.2M EUR | 4.4M EUR | -695.8K EUR |
| Income taxes paid | -2.2M EUR | -2.8M EUR | -1.1M EUR |
| Interest received | 410.8K EUR | 5.4M EUR | 237.0K EUR |
| Net cash flows used in operating activities | -137.1M EUR | -120.1M EUR | -93.0M EUR |
| Purchase of property, plant and equipment | -164.6K EUR | -538.1K EUR | -90.0K EUR |
| Net cash flows used in investing activities | -164.6K EUR | -538.1K EUR | -90.0K EUR |
| Proceeds from issue of shares and pre-funded warrants | 171.7M EUR | 2.2M EUR | 342.9M EUR |
| Transaction costs | -10.9M EUR | 592.0K EUR | -17.3M EUR |
| Payment of principal portion of lease liabilities | -219.0K EUR | -159.7K EUR | -220.5K EUR |
| Net cash flows provided by financing activities | 160.6M EUR | 2.7M EUR | 325.4M EUR |
| Net increase (decrease) in cash and cash equivalents | 23.4M EUR | -118.0M EUR | 232.3M EUR |
| Effect of exchange rate changes | -12.4M EUR | 7.5M EUR | -2.9M EUR |
No quarter-by-quarter statement was filed.
Leadership
Who has led Pharvaris N.V., and when. Pick a name to see everywhere that person has worked.
Chief executive
President
Chief financial officer
- Chief executive officerBerndt Modig Mar 18, 2026 to now10
- PresidentPeng Lu Aug 13, 2026 to now11
- Chief financial officerDavid W. Nassif Mar 18, 2026 to now12
Board members and other officers (13)
- Principal Accounting OfficerAnna Nijdam Mar 18, 2026 to now13
- Chief Early DevelopmentAnne Lesage Mar 18, 2026 to now14
- Chief Human Resources OfficerAnnick Deschoolmeester Mar 18, 2026 to now15
- Chief Medical OfficerPeng Lu Mar 18, 2026 to now16
- Chief Technical Ops OfficerStefan Andreas Abele Mar 18, 2026 to now17
- Chief Commercial OfficerWim Souverijns Mar 18, 2026 to now18
- Board memberBerndt Modig Mar 18, 2026 to now10
- Board memberDavid P. Meeker Mar 18, 2026 to now19
- Board memberElisabeth Bjork Mar 18, 2026 to now20
- Board memberJohannes Gerardus Christiaan Petrus Schikan Mar 18, 2026 to now21
- Board memberRobert Glassman Mar 18, 2026 to now22
- Board memberViviane Monges Mar 18, 2026 to now23
- General counselDavid W. Nassif Mar 18, 2026 to now12
Former names
- Pharvaris, B.V.Nov 12, 2020 to Feb 4, 20213
Timeline
- Mar 18, 2026New chief executive Berndt Modig becomes CEO10
Filings
288 filings to the SEC since October 2021: 5 annual reports, 70 insider forms, 26 large holders, 187 other. The latest 20:
- Oct 13, 20264 EDGAR
- Sep 25, 20264 EDGAR
- Sep 24, 20264 EDGAR
- Sep 24, 20264 EDGAR
- Sep 23, 2026144 EDGAR
- Sep 23, 20264 EDGAR
- Sep 22, 2026144/A EDGAR
- Sep 22, 2026144 EDGAR
- Sep 21, 2026144 EDGAR
- Sep 21, 20264 EDGAR
- Sep 21, 20264 EDGAR
- Sep 21, 20264 EDGAR
- Sep 21, 20264 EDGAR
- Sep 21, 20264 EDGAR
- Sep 21, 20264 EDGAR
- Sep 17, 2026144 EDGAR
- Sep 17, 2026144 EDGAR
- Sep 17, 2026144 EDGAR
- Sep 17, 2026144 EDGAR
- Sep 17, 2026144 EDGAR
The 288 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
54 open-market trades by officers, directors and large owners since October 2021: 0 buys and 54 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Sep 23, 2026 | Monges VivianeDirector | Sale | 11,969 | $33.05 | $395.6K | Form 4 |
| Sep 22, 2026 | Schikan Johannes Gerardus Christiaan PetrusDirector | Sale | 800 | $36.19 | $29.0K | Form 4 |
| Sep 21, 2026 | Nassif David W.CFO / CLO | Sale | 6,000 | $36.47 | $218.8K | Form 4 |
| Sep 17, 2026 | Lu PengPresident | Sale | 100,000 | $35.00 | $3.5M | Form 4 |
| Sep 17, 2026 | Schikan Johannes Gerardus Christiaan PetrusDirector | Sale | 200,000 | $35.00 | $7.0M | Form 4 |
| Sep 17, 2026 | Bjork ElisabethDirector | Sale | 52,500 | $37.89 | $2.0M | Form 4 |
| Sep 17, 2026 | Glassman RobertDirector | Sale | 14,493 | $38.56 | $558.9K | Form 4 |
| Sep 17, 2026 | Lesage AnneChief Early Development | Sale | 20,000 | $38.27 | $765.4K | Form 4 |
| Sep 15, 2026 | Abele Stefan AndreasChief Technical Ops Officer | Sale | 46,400 | $38.17 | $1.8M | Form 4 |
| Sep 15, 2026 | Glassman RobertDirector | Sale | 8,667 | $38.27 | $331.7K | Form 4 |
| Sep 15, 2026 | Souverijns WimChief Commercial Officer | Sale | 6,090 | $38.99 | $237.4K | Form 4 |
| Sep 14, 2026 | Souverijns WimChief Commercial Officer | Sale | 20,000 | $39.31 | $786.2K | Form 4 |
| Sep 14, 2026 | Modig BerndtChief Executive Officer | Sale | 2,291 | $39.40 | $90.3K | Form 4 |
| Sep 11, 2026 | Lu PengPresident | Sale | 15,000 | $40.13 | $602.0K | Form 4 |
| Sep 10, 2026 | Lesage AnneChief Early Development | Sale | 30,000 | $38.30 | $1.1M | Form 4 |
| Sep 9, 2026 | Glassman RobertDirector | Sale | 8,000 | $37.55 | $300.4K | Form 4 |
| Sep 8, 2026 | Lu PengPresident | Sale | 15,000 | $40.68 | $610.2K | Form 4 |
| Aug 14, 2026 | Modig BerndtChief Executive Officer | Sale | 2,292 | $34.77 | $79.7K | Form 4 |
| Jul 13, 2026 | Modig BerndtChief Executive Officer | Sale | 2,292 | $34.97 | $80.2K | Form 4 |
| Jun 30, 2026 | Schikan Johannes Gerardus Christiaan PetrusDirector | Sale | 30,712 | $35.49 | $1.1M | Form 4 |
All 54 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- GENERAL ATLANTIC, L.P.SCHEDULE 13G/A, 3 filings Jun 23, 2023 to Aug 14, 202624
- Cooperatieve U.a. Lsp V.SCHEDULE 13G/A, 3 filings Feb 3, 2022 to Jul 31, 202625
- VIKING GLOBAL INVESTORS LPSCHEDULE 13G/A, 4 filings Feb 14, 2022 to May 15, 202626
- Bain Capital Life Sciences Fund, L.P.SCHEDULE 13G/A, 4 filings Jun 23, 2023 to Feb 17, 202627
- Venrock Healthcare Capital Partners III, L.P.SCHEDULE 13G/A, 3 filings Nov 30, 2023 to Aug 14, 202528
- Foresite Capital Fund IV, L.P.SC 13G/A, 3 filings Feb 11, 2022 to Feb 13, 202429
- FMR LLCSC 13G/A, 3 filings Feb 9, 2022 to Feb 9, 202430
- venBio Global Strategic Fund III, L.P.SC 13D/A, 3 filings Sep 26, 2022 to Jan 25, 202431
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1SEC EDGARPharvaris N.V. filings on SEC EDGAR
- 2SEC EDGARPharvaris N.V. 10-K for fiscal 2025
- 3SEC EDGARPharvaris N.V. filings on SEC EDGAR
- 4
- 5SEC EDGARPharvaris N.V. 10-K for fiscal 2018
- 6SEC EDGARPharvaris N.V. 10-K for fiscal 2019
- 7SEC EDGARPharvaris N.V. 10-K for fiscal 2020
- 8SEC EDGARPharvaris N.V. 10-K for fiscal 2021
- 9SEC EDGARPharvaris N.V. 10-K for fiscal 2022
- 10
- 11SEC EDGARPeng Lu, President
- 12
- 13
- 14SEC EDGARAnne Lesage, Chief Early Development
- 15
- 16SEC EDGARPeng Lu, Chief Medical Officer
- 17
- 18
- 19SEC EDGARDavid P. Meeker, Board member
- 20SEC EDGARElisabeth Bjork, Board member
- 21
- 22SEC EDGARRobert Glassman, Board member
- 23SEC EDGARViviane Monges, Board member
- 24
- 25
- 26
- 27
- 28
- 29
- 30SEC EDGARFMR LLC SC 13G/A on Pharvaris N.V.
- 31