Invivyd Announces Preprints Conveying CANOPY Phase 3 Clinical Trial Data Including Long-Term Protection Versus Recent JN.1 Sublineages at Low Residual Titers, and Describing a Novel Approach for Predicting Monoclonal Antibody Activity Were Uploaded to MedRxiv and BioRxiv, Respectively
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Invivyd, Inc. has released preprints on MedRxiv and BioRxiv detailing the CANOPY Phase 3 trial data for pemivibart, a monoclonal antibody for COVID-19 prophylaxis, showing long-term protection against JN.1 sublineages.
November 12, 2024 | 1:45 pm
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Invivyd has published promising Phase 3 trial data for its monoclonal antibody, pemivibart, showing long-term protection against COVID-19 sublineages. This could enhance the company's market position in viral prophylaxis.
The release of positive Phase 3 trial data is a significant milestone for any biopharmaceutical company, as it indicates potential efficacy and safety of the product. This can lead to increased investor confidence and potential regulatory approval, positively impacting the stock price.
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