Welcome to our dedicated page for Evaxion Biotech A/S American Depositary Share news (Ticker: EVAX), a resource for investors and traders seeking the latest updates and insights on Evaxion Biotech A/S American Depositary Share stock.
Evaxion Biotech A/S (symbol: EVAX) is a clinical-stage biotechnology company founded in 2008 with the mission to address some of the most significant global health challenges using artificial intelligence (AI). The company has developed robust platforms for creating novel vaccines and therapies. Evaxion's primary AI platforms, PIONEER and EDEN, utilize advanced in silico tools including big data, AI, and supercomputing to predict, rank, and optimize epitopes and antigens that stimulate highly protective immune responses against cancers and infectious diseases.
Evaxion's EDEN platform focuses on the rapid discovery of new antigens eliciting cross-protective immune responses against bacterial pathogens. On the other hand, the PIONEER platform identifies epitopes of mutated proteins to activate the body's natural immune responses. Additionally, the company has developed two more AI platforms, RAVEN and ObsERV, to further enhance its drug development pipeline.
The company's leading product candidates include EVX-01 and EVX-02, which are under development for cancer treatment, as well as EVX-03, a pre-clinical candidate for non-small-cell lung cancer (NSCLC). With a strong focus on AI-driven drug discovery and development, Evaxion aims to create innovative immunotherapies with improved efficacy for patients with unmet medical needs.
Recent news highlights key company activities, such as:
- A replay of the R&D Day presentations is available on the company's website.
- Information about the EVX-01 Phase 2 clinical trial.
- The company resolved a Nasdaq equity deficiency issue stemming from the IFRS accounting treatment of investor warrants.
To learn more about Evaxion Biotech A/S and its innovative AI-driven approaches, please visit Evaxion Biotech.
Evaxion Biotech announces positive data from its ongoing Phase 2 study of the personalized cancer vaccine EVX-01 at the American Society of Clinical Oncology (ASCO) Annual Meeting. The study, which combines EVX-01 with anti-PD1 therapy for advanced melanoma patients, reveals that EVX-01 induces strong and specific immune responses mediated by both CD4+ and CD8+ T-cells. Booster shots further enhance these responses without safety concerns. The vaccine demonstrated a good tolerance profile with only minor adverse events. These findings support the potential clinical benefits of EVX-01 and the precision of Evaxion’s AI-Immunology™ platform in selecting effective vaccine targets.
Evaxion Biotech A/S (NASDAQ: EVAX) announced receiving a Nasdaq notification about non-compliance with the minimum stockholders’ equity requirement. The company reported stockholders’ equity below the required amount due to accounting treatment of investor warrants. Nasdaq granted a 45-day period for the company to submit a compliance plan.
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