Feed / VIR

Vir Biotechnology, Inc.

VIR

Healthcare · 10.57 -2.2% today

Isolated · not yet confirmedMarket checked 10 Sept, 15:55 GMT-4

Market read

Vir Biotechnology, Inc.'s current read is isolated; its market group is not confirming.

No new filing conclusion is available. 0 of 12 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 6 directly disclosed connections are confirming.

Company-2.2% todayVolume comparison unavailable
Market group0 of 12 activeIndustrial Equipment & Services · unavailable
Disclosed network0 of 6 confirmingNo filing-linked name is confirming now
What would change this read
  • VIR's market-adjusted activity becomes unusual and at least one connected name confirms.

Invalidation: The isolated read changes if VIR's group or a disclosed connection begins moving with it.

Watch this read

Research brief

The story so far

Healthcare · Biotechnology

No new filing conclusion is available. 0 of 12 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 6 directly disclosed connections are confirming.

Evidence that supports

No thresholded supportive filing evidence is available yet.

Evidence that challenges

No thresholded adverse filing evidence is available yet.

What would clarify the read
  • VIR's market-adjusted activity becomes unusual and at least one connected name confirms.

Company research

Understand the business, not just the ticker

As of Sep 11, 2026
Business model and earnings drivers

Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.

Key research questions
  • Which operating variable is changing?
  • Is that change durable, cyclical or one-off?
  • What evidence would disprove the current interpretation?
Annual periods9
Price observations319
Usable filing statements54
Verified relationships5
Evidence supporting the case
  • Operating margin changed +92.1 percentage points in the latest annual period.
  • Net margin changed +64.5 percentage points in the latest annual period.
Evidence challenging the case
  • Latest annual revenue changed -7.6% year over year.
  • Restructuring and cost reductions has repeated adverse evidence across 3 filings.
Questions before a position
  • EV/sales is 62% below the available filing-peer median; determine whether growth and quality justify the difference.
Longer-term price context

Price as of Sep 10, 2026

10.57
6m+16.3%12m+102.1%24m
Annual trajectory

Reported annual revenue and per-share history. This is accounting history, not a forecast.

PeriodRevenueYoYDiluted EPSShare change
2021-12-31$1.1B+1334.4%$3.96+12.0%
2022-12-31$1.6B+47.5%$3.83+1.0%
2023-12-31$86.2M-94.7%$-4.59-0.5%
2024-12-31$74.2M-13.9%$-3.83+1.6%
2025-12-31$68.6M-7.6%$-3.16+1.7%

What management says matters

Persistent and emerging business drivers

Legal and regulatory exposurepositive · 4 filings
We have incurred and we will continue to incur significant increased costs as a result of operating as a public company, and our management will be required to devote substantial time to new compliance initiatives.
10-Q · May 7, 2026
Foreign exchangemixed · 3 filings
In addition, our license and collaboration revenue and certain assets and liabilities are subject to foreign currency exchange rate fluctuations due to the global nature of our operations.
10-Q · May 7, 2026
Restructuring and cost reductionsnegative · 3 filings
The related ROU assets and leasehold improvements were evaluated for impairment as a separate asset group, the carrying value of which was determined to be not recoverable.
10-K · Feb 23, 2026
Product pipeline and R&Dnegative · 1 filings
The decrease in research and development expenses for the nine months ended September 30, 2025 compared to the same period in 2024 was primarily due to: • lower personnel expenses associated with headcount reductions; • lower other R&D expenses related to de-…
10-Q · Nov 5, 2025

Valuation discipline

Descriptive valuation snapshot

Price/sales 21.4× · EV/sales 18.0×. Comparisons use only industry-matched filing peers.

Scenario scaffold

Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.

Price action

How the market is pricing the story

10.57-2.2% today

Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 10 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.

Developments

No sourced recent-development timeline yet

Jodie has not returned a relevant primary source or news item for VIR. This is an evidence-coverage gap, not a conclusion that nothing material happened.

Business and financial condition

Reported financial figures are not available yet

Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.

Filing analysis

No comparable filing assessment is available yet

Jodie has not yet found a suitable current-versus-prior filing comparison for VIR. This does not mean the latest filing was neutral or immaterial.

Business ecosystem

The relationships behind VIR

Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.

Depends on

SNYSanofipartnerMay 7, 2026

Under the terms of our licensing agreement with Sanofi, we will share with Sanofi 20% of certain future collaboration proceeds from the Astellas collaboration agreement, including the upfront payment, equity premium and the portion of milestones, profit-share…

ALNYAlnylam Pharmaceuticals, Inc.partnerFeb 23, 2026

Corporate Update • In March 2025, we and Alnylam amended and restated their collaboration agreement (Restated Alnylam Agreement), with Alnylam electing not to opt-in to its profit-sharing option for elebsiran in CHB and CHD indications.

Depended on by

ALNYAlnylam Pharmaceuticals, Inc.partnerFeb 12, 2026

Elebsiran — Chronic Hepatitis Delta Virus Infection Elebsiran (formerly ALN-HBV02 (VIR-2218)) is a subcutaneously administered, investigational RNAi therapeutic targeting the HBV genome for the treatment of chronic hepatitis delta, or CHD, which is being adva…

Filing peers

Companies whose filings use similar operating language.

Open the three relationships above to see Jodie’s filing proof. Pro unlocks 5 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →

What is moving around it

Live connections

VIR is currently a Follower in the organic co-movement group Industrial Equipment & Services. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.

This group is retained as the last observed read for VIR; it is not active in the latest market snapshot.

Context history

Theme membership history

No durable theme membership has been observed for this name yet.