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Tivic Health CEO Letter to Shareholders
Tivic Health’s new CEO, Michael K. Handley, outlined the company’s strategic pivot to become a biopharmaceutical company focusing solely on its Entolimod™ and TLR5 platform, discontinuing commercial sales of the ClearUP device. The company is aggressively pursuing the oncology supportive care market and strengthening government partnerships, particularly with BARDA, to advance Entolimod™ for Acute Radiation Syndrome. Handley also highlighted the operational advantage of their wholly-owned CDMO, Velocity Bioworks, for controlling the domestic supply chain and enabling rapid development.