Virios Therapeutics, Inc. Company profile
About Virios Therapeutics Inc
Virios Therapeutics, Inc., formerly Virios Therapeutics, LLC., is a development-stage biotechnology company focused on advancing antiviral therapies to treat diseases associated with a viral triggered abnormal immune response, such as fibromyalgia (FM). Its lead development candidate is IMC-1, which is a fixed dose combination of famciclovir and celecoxib. IMC-1 represents a combination antiviral therapy designed to synergistically suppress Herpes Simplex Virus-1 (HSV-1) activation and replication. Its HSV-1 root cause of chronic illnesses such as FM, irritable bowel disease (IBS), chronic fatigue syndrome and functional somatic syndrome. The Company is developing its initial candidate, IMC-1, for people who are suffering from fibromyalgia.
Financial summary
BRIEF: For the fiscal year ended 31 December 2021, Virios Therapeutics Inc revenues was not reported. Net loss increased 54% to $16M. Higher net loss reflects Research and development increase from $194K to $10.8M (expense). Basic Earnings per Share excluding Extraordinary Items decreased from -$1.25 to -$1.92.
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