High-fidelity vaccines
Search documents
Vaxcyte Announces Pricing of $550 Million Public Offering
Globenewswire· 2026-01-30 04:33
Core Viewpoint - Vaxcyte, Inc. has announced a public offering of common stock, aiming to raise $550 million through the sale of 11 million shares at a price of $50.00 per share, with an option for underwriters to purchase an additional 1.65 million shares [1][2]. Group 1: Offering Details - The public offering is expected to close on February 2, 2026, pending customary closing conditions [2]. - The offering is managed by several financial institutions, including BofA Securities, Jefferies, and Guggenheim Securities, among others [2]. Group 2: Company Overview - Vaxcyte is focused on developing high-fidelity vaccines to combat bacterial diseases, with notable candidates including VAX-31 and VAX-24, which are designed to prevent invasive pneumococcal disease [5][6]. - The company utilizes a proprietary cell-free protein synthesis platform, XpressCF®, to enhance the development of complex vaccines [6]. Group 3: Pipeline and Innovation - Vaxcyte's pipeline includes VAX-A1, aimed at preventing Group A Strep infections, and VAX-GI, designed to prevent Shigella [6]. - The company is innovating vaccine production methods to improve immunological benefits and expand coverage against various serotypes [5][6].
Vaxcyte to Host Webcast and Conference Call to Present Topline Results from VAX-24 Infant Phase 2 Study
Newsfilter· 2025-03-30 21:00
Core Insights - Vaxcyte, Inc. is set to present topline results from its VAX-24 infant Phase 2 study, focusing on the safety, tolerability, and immunogenicity of its 24-valent pneumococcal conjugate vaccine compared to Prevnar 20® [1] Company Overview - Vaxcyte is a clinical-stage vaccine innovation company dedicated to developing high-fidelity vaccines to combat bacterial diseases [3] - The company is advancing VAX-31, a 31-valent PCV candidate, into a Phase 3 adult clinical program while VAX-24 is currently in a Phase 2 infant clinical program [3] - VAX-24 aims to cover more serotypes than any existing infant PCV on the market, addressing significant public health concerns related to invasive pneumococcal disease (IPD) [3] Technology and Innovation - Vaxcyte employs modern synthetic techniques, including advanced chemistry and the XpressCF™ cell-free protein synthesis platform, to enhance the production of complex vaccines [4] - This innovative approach is designed to improve the efficiency and immunological benefits of vaccine development [4] Pipeline Candidates - Vaxcyte's pipeline includes several vaccine candidates: - VAX-A1 for preventing Group A Strep infections - VAX-PG for slowing or stopping periodontal disease progression - VAX-GI for preventing Shigella infections [4]