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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POSITIVE IMPACT
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.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100