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Vaxcyte to Present at the Guggenheim Emerging Outlook: Biotech Summit
Globenewswire· 2026-02-05 21:05
Core Insights - Vaxcyte, Inc. will participate in a fireside chat at the Guggenheim Emerging Outlook: Biotech Summit on February 12, 2026 [1] - A live webcast of the event will be available on the company's website, with a replay accessible for 30 days post-conference [2] Company Overview - Vaxcyte is focused on engineering high-fidelity vaccines to combat bacterial diseases, with notable candidates including VAX-31 and VAX-24 [3] - VAX-31 is a 31-valent pneumococcal conjugate vaccine in Phase 3 and Phase 2 clinical programs, aimed at preventing invasive pneumococcal disease [3] - VAX-24 is a 24-valent PCV candidate designed to cover more serotypes than any existing infant PCV [3] - The company is also developing VAX-XL, which utilizes advanced conjugation technology to enhance vaccine coverage [3][4] Technology and Innovation - Vaxcyte employs the XpressCF® platform for cell-free protein synthesis, allowing for the production of complex proteins and antigens more efficiently than traditional methods [4] - The pipeline includes VAX-A1, targeting Group A Strep infections, and VAX-GI, aimed at preventing Shigella [4]
Vaxcyte Announces Closing of $632.5 Million Public Offering Including Full Exercise of Underwriters' Option to Purchase Additional Shares
Globenewswire· 2026-02-02 21:05
Core Viewpoint - Vaxcyte, Inc. has successfully closed a public offering of 12,650,000 shares of common stock at a price of $50.00 per share, raising a total of $632.5 million in gross proceeds before expenses [1]. Group 1: Offering Details - The offering included the full exercise of an option by underwriters to purchase an additional 1,650,000 shares [1]. - The joint book-running managers for the offering were BofA Securities, Jefferies, Leerink Partners, Evercore ISI, and Guggenheim Securities, with Mizuho acting as a book-runner [2]. Group 2: Regulatory Information - A shelf registration statement for the offered securities was filed with the SEC and became effective on May 24, 2024 [3]. - A final prospectus supplement and accompanying prospectus related to the offering have been filed with the SEC and are available on their website [3]. Group 3: 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]. - The company utilizes the XpressCF® cell-free protein synthesis platform to enhance the development of complex vaccines [6]. - Vaxcyte's pipeline also includes vaccine candidates for Group A Strep infections and Shigella [6].