Vaxcyte shares are trading higher after the company announced it selected VAX-31 to advance to an adult Phase 3 program following topline results from its Phase 1/2 study.
Portfolio Pulse from Benzinga Newsdesk
Vaxcyte shares rise as the company advances VAX-31 to a Phase 3 program after positive Phase 1/2 results.
September 03, 2024 | 11:46 am
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Vaxcyte's stock is trading higher due to the advancement of its VAX-31 vaccine candidate to a Phase 3 program, following positive results from Phase 1/2 trials.
The advancement of VAX-31 to Phase 3 trials is a significant milestone for Vaxcyte, indicating progress in their vaccine development. This positive development is likely to boost investor confidence and drive the stock price higher in the short term.
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IMPORTANCE 80
RELEVANCE 100