Vaxcyte Reports Third Quarter 2024 Financial Results and Provides Business Update
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Vaxcyte reported positive results from its Phase 1/2 study of VAX-31, a 31-valent pneumococcal conjugate vaccine candidate, in adults aged 50 and older. The company plans to advance VAX-31 to a Phase 3 program, with a pivotal study expected to start by mid-2025.
November 05, 2024 | 9:15 pm
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Vaxcyte's positive Phase 1/2 results for VAX-31 in adults 50+ and plans to advance to Phase 3 could boost investor confidence and stock price.
The positive results from the Phase 1/2 study of VAX-31 and the decision to advance to Phase 3 are significant milestones for Vaxcyte. These developments are likely to increase investor confidence in the company's pipeline, potentially leading to a positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100