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Vaxart Highlights Progress of COVID-19, Norovirus and Influenza Programs
GlobeNewswire· 2025-01-14 13:00
Core Insights - Vaxart is advancing its oral pill vaccine platform with significant developments in its COVID-19 and norovirus programs, aiming for key clinical milestones in the near future [2][3] COVID-19 Program Developments - An independent Data and Safety Monitoring Board (DSMB) has recommended the continuation of the Phase 2b study after reviewing the 30-day safety data from the sentinel cohort [4] - The FDA is currently reviewing this safety data, and upon a favorable review, Vaxart plans to enroll approximately 10,000 participants for the next phase of the trial [5] - The primary efficacy analysis will occur 12 months post-vaccination for all participants [5] Norovirus Program Developments - Vaxart will initiate a Phase 1, open-label, dose-ranging clinical trial to evaluate its second-generation oral norovirus vaccine constructs against first-generation constructs, with topline data expected by mid-2025 [7][8] - If successful, a Phase 2 safety and immunogenicity study could begin as early as the second half of 2025, followed by a potential Phase 3 trial in 2026 [9] Influenza Program Developments - The company is advancing its avian influenza program, having created a new vaccine candidate to cover the latest clade 2.3.4.4b, with preclinical studies currently underway [10] Funding and Financial Outlook - Vaxart has received funding under Project NextGen, valued at up to $460.7 million, which will support its clinical and regulatory milestones into 2026 [6][11] - The company is exploring partnerships and non-dilutive funding options to extend its cash runway and maximize shareholder value [12] Company Overview - Vaxart is a clinical-stage biotechnology company focused on developing oral recombinant vaccines, including those for COVID-19, norovirus, and influenza, utilizing a proprietary delivery platform [13]
Vaxart Announces Favorable DSMB Review of Sentinel Cohort from COVID-19 Phase 2b Clinical Trial
Newsfilter· 2025-01-14 00:55
Core Insights - An independent Data Safety Monitoring Board (DSMB) has recommended that Vaxart's COVID-19 Phase 2b trial proceed without modifications based on a safety assessment of 30-day data from 400 participants [1][2] - The trial aims to enroll approximately 10,000 participants, pending favorable review from the FDA and approval from BARDA [1][2] - Vaxart's Phase 2b trial is designed to compare the efficacy, safety, and immunogenicity of its oral COVID-19 vaccine candidate against an approved mRNA vaccine [3] Company Overview - Vaxart is a clinical-stage biotechnology company focused on developing oral recombinant vaccines using a proprietary delivery platform [6] - The company has received funding under Project NextGen, a $5 billion initiative aimed at accelerating the development of innovative COVID-19 vaccines and therapeutics, with Vaxart's project award valued at up to $460.7 million [4] - Vaxart is recognized as a pioneer in oral vaccines, being the first U.S. company to complete a Phase 2 clinical trial for an oral COVID-19 vaccine [5]
Vaxart Announces Favorable DSMB Review of Sentinel Cohort from COVID-19 Phase 2b Clinical Trial
GlobeNewswire News Room· 2025-01-14 00:55
Clinical Trial Progress - Vaxart's Phase 2b trial is a double-blind, multi-center, randomized, comparator-controlled study to evaluate the efficacy, safety, and immunogenicity of its oral pill COVID-19 vaccine candidate compared to an approved mRNA COVID-19 injectable vaccine in adults previously immunized against COVID-19 [1] - The company was the first U S company to complete a Phase 2 clinical trial of an oral vaccine for COVID-19 [2] - An independent Data Safety Monitoring Board (DSMB) recommended the study to proceed without modifications based on the initial safety assessment of 400 participants' 30-day data [3] - The company plans to enroll 10,000 participants in the trial, pending favorable review from the FDA and approval from BARDA [3][5] Funding and Support - Vaxart received funding under Project NextGen, a $5 billion initiative led by BARDA and the National Institute of Allergy and Infectious Diseases (NIAID) to accelerate the development of next-generation COVID-19 vaccines, therapeutics, and enablers [4] - The company's project award through the Rapid Response Partnership Vehicle (RRPV) is valued at up to $460 7 million, funded by federal funds from the U S Department of Health and Human Services (HHS), Administration for Strategic Preparedness and Response (ASPR), and BARDA [4] Company Overview - Vaxart is a clinical-stage biotechnology company developing oral recombinant vaccines using its proprietary delivery platform [6] - The company's vaccines are designed to be administered via pills that do not require refrigeration and eliminate the risk of needle-stick injuries [6] - Vaxart's development programs include oral vaccines for coronavirus, norovirus, influenza, and a therapeutic vaccine for human papillomavirus (HPV) [6] - The company has filed broad domestic and international patent applications covering its proprietary technology for oral vaccination using adenovirus and TLR3 agonists [6] Next Steps - The FDA is reviewing the 30-day safety data from the sentinel cohort, and upon favorable review and BARDA approval, the study will progress to enroll approximately 10,000 participants [5] - The trial aims to enroll participants in line with U S demographics, including at least 25% of participants over the age of 65 [5]
Vaxart Completes Enrollment of Sentinel Cohort in Phase 2b Study Evaluating Its COVID-19 Oral Pill Vaccine Candidate
GlobeNewswire News Room· 2024-12-02 21:01
SOUTH SAN FRANCISCO, Calif., Dec. 02, 2024 (GLOBE NEWSWIRE) -- Vaxart, Inc. (Nasdaq: VXRT) today announced completion of enrollment of the sentinel cohort of a Phase 2b clinical trial evaluating Vaxart’s oral pill COVID-19 vaccine candidate against an approved mRNA vaccine comparator. The sentinel cohort comprised of 400 participants, with 200 receiving Vaxart’s COVID-19 vaccine candidate and 200 receiving an approved mRNA vaccine comparator. “We are pleased to complete the enrollment of the sentinel cohort ...
VAXART, INC. (VXRT) Reports Q3 Loss, Tops Revenue Estimates
ZACKS· 2024-11-13 23:20
VAXART, INC. (VXRT) came out with a quarterly loss of $0.06 per share versus the Zacks Consensus Estimate of a loss of $0.10. This compares to loss of $0.11 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 40%. A quarter ago, it was expected that this company would post earnings of $0.03 per share when it actually produced a loss of $0.09, delivering a surprise of -400%.Over the last four quarters, the company has surpassed con ...
Vaxart(VXRT) - 2024 Q3 - Earnings Call Transcript
2024-11-13 23:19
Vaxart, Inc. (NASDAQ:VXRT) Q3 2024 Earnings Conference Call November 13, 2024 4:30 PM ET Company Participants Edward Berg - Senior Vice President and General Counsel Steven Lo - Chief Executive Officer James Cummings - Chief Medical Officer Sean Tucker - Senior Vice President and Chief Scientific Officer Phillip Lee - Chief Financial Officer Conference Call Participants Cheng Li - Oppenheimer Mayank Mamtani - B. Riley Securities Liang Cheng - Jefferies Operator Greetings and welcome to the Vaxart Business U ...
Vaxart(VXRT) - 2024 Q3 - Quarterly Report
2024-11-13 21:23
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-35285 Vaxart, Inc. (Exact Name of Registrant as Specified in its Charter) Delaware 59-1212264 (State or o ...
Vaxart(VXRT) - 2024 Q3 - Quarterly Results
2024-11-13 21:05
Vaxart Provides Business Update and Reports Third Quarter 2024 Financial Results Exhibit 99.1 Expects to complete enrollment of the 400-participant sentinel cohort for the COVID-19 Phase 2b study in November 2024 Solid financial position enables Vaxart to attain multiple regulatory and clinical milestones Conference call today at 4:30 p.m. ET SOUTH SAN FRANCISCO, Calif., November 13, 2024 — Vaxart, Inc. (Nasdaq: VXRT) today announced its business update and financial results for the third quarter of 2024. " ...
Vaxart Provides Business Update and Reports Third Quarter 2024 Financial Results
GlobeNewswire News Room· 2024-11-13 21:01
Expects to complete enrollment of the 400-participant sentinel cohort for the COVID-19 Phase 2b study in November 2024 Solid financial position enables Vaxart to attain multiple regulatory and clinical milestones Conference call today at 4:30 p.m. ET SOUTH SAN FRANCISCO, Calif., Nov. 13, 2024 (GLOBE NEWSWIRE) -- Vaxart, Inc. (Nasdaq: VXRT) today announced its business update and financial results for the third quarter of 2024. “Our successful initiation of sentinel cohort dosing is a testament to our rapid ...
Vaxart Announces Initiation of Sentinel Cohort for Phase 2b Study Evaluating Its COVID-19 Oral Pill Vaccine Candidate
GlobeNewswire News Room· 2024-09-30 20:12
— 400 subject sentinel portion of Phase 2b study will evaluate the safety, immunogenicity and efficacy of Vaxart's next generation oral pill COVID-19 vaccine compared to an approved mRNA vaccine comparator — — The sentinel cohort is being funded as part of the Phase 2b NextGen COVID-19 clinical trial, valued at up to $456 million through the Rapid Response Partnership Vehicle under the U.S. government's Project NextGen — SOUTH SAN FRANCISCO, Calif., Sept. 30, 2024 (GLOBE NEWSWIRE) -- Vaxart, Inc. (Nasdaq: V ...