Welcome to our dedicated page for Evaxion Biotech A/S news (Ticker: EVAX), a resource for investors and traders seeking the latest updates and insights on Evaxion Biotech A/S stock.
Evaxion Biotech A/S (EVAX) is a clinical-stage biotechnology company leveraging proprietary AI platforms to advance immunotherapies for cancer and infectious diseases. This page serves as the definitive source for verified corporate announcements, research milestones, and strategic developments.
Investors and industry observers will find timely updates on clinical trial progress, regulatory filings, and technology innovations. Our curated collection includes press releases on AI-driven drug discovery, partnership announcements, and financial reports, all organized for efficient tracking of the company's trajectory.
Key content areas include updates from Evaxion's PIONEER and EDEN platform pipelines, oncology vaccine developments, and infectious disease research breakthroughs. The repository is maintained to reflect the company's evolving position at the intersection of artificial intelligence and immunotherapy.
Bookmark this page for streamlined access to Evaxion's official communications. Check regularly for new developments in personalized cancer vaccines and AI-optimized antigen discovery.
Evaxion Biotech reported Q3 2021 financial results, highlighting a follow-on public offering (FPO) of 3.9 million ADSs expected to raise $27.6 million. Key developments include positive Phase 1/2a trial results for EVX-01, showing a 67% patient benefit rate in metastatic melanoma, and EVX-02 demonstrating T-cell activation. Cash reserves were $11.9 million, bolstered by the FPO. The company's net loss was $5.3 million, slightly higher than the previous year. Upcoming milestones include Phase 2b trials for EVX-01 and EVX-02 in early 2022.
Evaxion Biotech A/S (NASDAQ: EVAX) has announced the pricing of a follow-on public offering of 3,428,571 American Depositary Shares (ADSs) at $7.00 each, aiming to raise approximately $24 million before fees. The offering, expected to close on November 9, 2021, includes an option for underwriters to purchase an additional 514,285 ADSs. Oppenheimer & Co. Inc. serves as the book-running manager. Evaxion is focused on developing AI-driven immunotherapies for various diseases, with several candidates in clinical development.
Evaxion Biotech A/S (Nasdaq: EVAX) announced the filing of a Registration Statement with the SEC for a proposed follow-on public offering of American Depositary Shares (ADSs). The offering will include an option for underwriters to purchase an additional 15% of the ADSs. The specific details regarding the number and price of shares are yet to be determined. Oppenheimer & Co. Inc. and Raymond James & Associates, Inc. are managing the offering, which is subject to market conditions and the Registration Statement's effectiveness.
Evaxion Biotech A/S (NASDAQ: EVAX) has announced a collaboration with Merck & Co. to conduct a Phase 2b clinical trial for its cancer immunotherapy EVX-01 in combination with KEYTRUDA® (pembrolizumab). The trial will focus on patients with metastatic melanoma (stage III and IV) and aims to begin in Q4 2021. Evaxion will lead the study, while Merck provides KEYTRUDA®. Previous promising results from Phase 1/2a trials suggest EVX-01 may enhance melanoma treatment efficacy.
Evaxion Biotech A/S (NASDAQ: EVAX) announced that Dr. Emma Christine Jappe will present at the Immuno UK conference on October 13-14, 2021. The presentation titled "AI-Based Methods to Decode the Immune System and Improve Immunotherapy Design in Cancer" will showcase Evaxion's AI-immunology core technology and its proprietary PIONEER platform. This platform focuses on identifying patient-specific neoepitopes for cancer immunotherapy. Additionally, Dr. Jappe will discuss advancements in neoepitope binding and thermal stability, with findings published in Nature Communications.
Evaxion Biotech A/S (NASDAQ: EVAX) announced the promotion of Birgitte Rønø, Ph.D., to the role of Chief Scientific Officer (CSO). Dr. Rønø, previously Senior Director of Immuno-Oncology, has significantly contributed to Evaxion's oncology pipeline. This newly-created position enhances the leadership team at a critical time, as two lead products are set to advance into Phase 2b trials by mid-2022. With over 15 years of experience in biopharmaceutical drug discovery, Dr. Rønø aims to expand Evaxion's innovative drug development efforts.
Evaxion Biotech reported encouraging clinical progress in Q2 2021, with strong data from its EVX-01 and EVX-02 programs leading to planned Phase 2b trials. EVX-01 demonstrated a 67% patient benefit rate when combined with anti-PD-1 treatment for metastatic melanoma, outperforming historical rates of 40%. The company holds $18.8 million in cash, sufficient to fund its key programs into 2022. Additionally, Evaxion's RAVEN AI platform shows promise in vaccine design targeting coronavirus variants.
Evaxion Biotech (NASDAQ: EVAX) reported promising results from its Phase 1/2a trial of EVX-01 in metastatic melanoma. The therapy, combined with anti-PD1 treatment, resulted in a 67% Objective Response Rate (ORR), with 22% achieving complete responses and 44% partial responses. The study demonstrated a favorable safety profile, noting only Grade 1 and 2 adverse events. The company plans to advance EVX-01 into a Phase 2 trial by December 2021 and has generated data from the EVX-02 trial, showing T-cell activation. Overall, these findings support the innovative AI-Immunology platform, PIONEER.
Evaxion Biotech (NASDAQ: EVAX) announced a conference call on July 8, 2021, to discuss the Phase 1/2a data for its products EVX-01 and EVX-02. The call will feature CEO Lars Wegner, CFO Glenn Vraniak, and co-founder CBO Niels Iversen Moller, starting at 8:00 a.m. EDT. This event will provide insights on Evaxion's AI-driven immunotherapy development efforts for cancer and other diseases. The results are crucial for evaluating the company's growth potential and product pipeline. A live webcast will be available on Evaxion's Investor Relations page.
