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.
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Evaxion Biotech A/S (NASDAQ: EVAX) announces significant progress in its Phase 2 clinical trial for the personalized cancer vaccine EVX-01, with the first patient completing dosing. The trial, focusing on metastatic melanoma patients, aims to assess efficacy, safety, and immune response induction. Each patient receives a unique vaccine tailored to their biology, with ten doses administered over 78 weeks in combination with KEYTRUDA®. The one-year clinical efficacy readout is expected in Q3 2024.
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Evaxion Biotech A/S (NASDAQ: EVAX) and its collaborator have successfully tested Evaxion-designed vaccine antigens against Staphylococcus aureus in large non-rodent animals, showing promising results for clinical efficacy in human trials.
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Evaxion Biotech A/S announces Precision Vaccine Project targeting cancer vaccine development with AI-identified targets. MSD collaboration progresses with funding from private and public offerings. MSD GHI becomes the largest shareholder. Business update includes successful financing rounds and R&D Day showcasing AI-Immunology™ platform.
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Evaxion Biotech A/S (EVAX) hosts a Research & Development Day showcasing its AI-Immunology™ platform, revolutionizing vaccine discovery using advanced AI and machine learning technologies. The platform offers scalability, adaptability, and partnerships with established players like MSD. The event highlights the innovative AI building blocks PIONEER™, ObsERV™, EDEN™, and RAVEN™ for rapid vaccine target identification.
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Evaxion Biotech A/S (EVAX) will host a Research & Development Day on March 19, 2024, showcasing its AI-Immunology™ platform for vaccine development. The event will feature talks from scientists, highlighting the platform's predictive capabilities for addressing medical needs in cancer and infectious diseases.
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Evaxion Biotech A/S (EVAX) successfully completes initial phases of vaccine collaboration with MSD, a leading pharma company, showcasing the potential of AI-Immunology™ powered vaccines.
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Evaxion Biotech A/S (NASDAQ: EVAX) has announced that it has regained compliance with the minimum bid price requirement set forth under Nasdaq Listing Rule 5550(a)(2). The closing bid price of the Company’s American Depositary Shares has been at $1.00 per share or greater for ten consecutive business days from January 22, 2024, to February 02, 2024.
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Evaxion Biotech A/S (EVAX) closed a public offering of 3,750,000 of its American Depositary Shares (ADSs) and warrants, raising $15 million. MSD Global Health Innovation Fund, a shareholder since December 2023, participated in the offering. The net proceeds will be used to advance the preclinical and clinical pipeline and for operating expenses and working capital.
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Evaxion Biotech A/S (NASDAQ: EVAX) has announced the pricing of a public offering of 3,750,000 of its American Depositary Shares (ADSs) and warrants to purchase up to 3,750,000 ADSs at a combined public offering price of $4.00 per ADS. MSD Global Health Innovation Fund, a shareholder since December 2023, is also participating in this offering.
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Evaxion Biotech A/S (NASDAQ: EVAX) is expanding its commitment to developing tailored cancer vaccines by targeting a novel category of AI-identified tumor antigens, named Endogenous Retroviruses (ERVs). This AI-Immunology™ powered vaccine concept offers the potential to provide treatment solutions to cancer patients unresponsive to conventional cancer immunotherapy. The company aims to generate Proof-of-Concept data by the second half of 2024, with a focus on delivering treatment solutions to previously unresponsive cancer patients. Evaxion's Chief Scientific Officer, Birgitte Rønø, expresses optimism about the significant potential of ERV-based vaccines and the company's commitment to improving healthcare through innovative and AI-powered approaches. The company also presented recent insights at the American Society of Hematology (ASH) Annual Meeting.
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FAQ
What is the current stock price of Evaxion Biotech A/S American Depositary Share (EVAX)?
The current stock price of Evaxion Biotech A/S American Depositary Share (EVAX) is $2.71 as of January 21, 2025.
What is the market cap of Evaxion Biotech A/S American Depositary Share (EVAX)?
The market cap of Evaxion Biotech A/S American Depositary Share (EVAX) is approximately 3.8M.
What does Evaxion Biotech A/S specialize in?
Evaxion Biotech A/S specializes in developing novel vaccines and therapies using artificial intelligence to solve significant health challenges.
What are the main AI platforms used by Evaxion Biotech?
Evaxion Biotech uses the PIONEER, EDEN, RAVEN, and ObsERV AI platforms for drug discovery and development.
What are Evaxion's leading product candidates?
Evaxion's leading product candidates include EVX-01 and EVX-02 for cancer treatment and EVX-03 for non-small-cell lung cancer.
What recent developments have taken place at Evaxion Biotech?
Recent developments include a replay of the R&D Day presentations, information about the EVX-01 Phase 2 clinical trial, and a resolution of a Nasdaq equity deficiency issue.
When was Evaxion Biotech A/S founded?
Evaxion Biotech A/S was founded in 2008.
How does the EDEN platform contribute to Evaxion's research?
The EDEN platform aids in the rapid discovery of novel antigens that elicit cross-protective immune responses against bacterial pathogens.
What is PIONEER platform's role in Evaxion's operations?
The PIONEER platform identifies epitopes of mutated proteins to activate the body's natural immune responses, particularly in cancer treatments.
What kind of financial challenges has Evaxion recently addressed?
Evaxion addressed a Nasdaq equity deficiency issue related to the IFRS accounting treatment of investor warrants by converting the exercise price from USD to DKK.
Where can I find more information about Evaxion's recent activities?
More information about Evaxion's recent activities can be found on their official website at www.evaxion-biotech.ai.
What is the mission of Evaxion Biotech A/S?
The mission of Evaxion Biotech A/S is to tackle significant global health challenges using artificial intelligence to develop novel vaccines and immunotherapies.
Evaxion Biotech A/S American Depositary Share