Vaxxinity's Cholesterol Vaccine Candidate Lowers LDL-C
Portfolio Pulse from Benzinga Newsdesk
Vaxxinity's cholesterol vaccine candidate, VXX-401, shows promise in preclinical trials, demonstrating safety and significant reduction in LDL-C levels in cynomolgus monkeys. A Phase 1 trial is currently underway, with results anticipated by mid-2024.
February 15, 2024 | 1:11 pm
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Vaxxinity's VXX-401 shows promising preclinical results in lowering LDL-C, with a Phase 1 trial ongoing and results expected by mid-2024.
The positive preclinical data for VXX-401, with no safety concerns and effective reduction in LDL-C, is likely to generate positive sentiment among investors and analysts. The anticipation of Phase 1 trial results by mid-2024 could maintain or increase investor interest and potentially drive the stock price up in the short term.
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