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Icosavax, Inc. - ICVX STOCK NEWS

Welcome to our dedicated page for Icosavax news (Ticker: ICVX), a resource for investors and traders seeking the latest updates and insights on Icosavax stock.

Icosavax, Inc. (NASDAQ: ICVX) is a Seattle-based biopharmaceutical company committed to developing safe and effective vaccines targeting infectious diseases with significant unmet medical needs. Founded in 2017, the company harnesses breakthrough computationally-designed virus-like particle (VLP) technology, exclusively licensed from the Institute for Protein Design at the University of Washington.

Icosavax’s lead vaccine candidate, IVX-A12, is currently in Phase 2 clinical trials and targets respiratory syncytial virus (RSV) and human metapneumovirus (hMPV), aiming to deliver a first-in-class bivalent combination vaccine for older adults. Recent trial data indicates promising immune responses post-revaccination with their component IVX-121, suggesting potential for durable protection and differentiation in the RSV vaccine market.

The company's VLP platform is designed to enable the multivalent, particle-based display of complex viral antigens, aiming to induce broad, robust, and durable immune responses. This innovative technology is also being leveraged to develop vaccines targeting other critical pathogens, including influenza and SARS-CoV-2.

Icosavax is actively engaged in various stages of clinical trials and expects to announce topline interim data for the IVX-A12 Phase 2 trial by the end of 2023. The company continues to advance its pipeline with a vision of creating combination and pan-respiratory vaccines to address life-threatening respiratory diseases while aiming to reduce healthcare costs.

In addition to its promising vaccine candidates, Icosavax has established important partnerships and relies on third-party collaborations for manufacturing, research, and clinical testing. The company is navigating regulatory landscapes in the U.S. and internationally to bring its innovative solutions to market.

For further information, visit the Icosavax website.

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Frazier Life Sciences (FLS) has announced the addition of Adam Simpson as Venture Partner in its Company Creation team. Simpson, an industry veteran with 25 years of experience, has helped build 11 companies that have been acquired or gone public. He most recently served as CEO of Icosavax (Nasdaq: ICVX), leading it through its IPO and subsequent acquisition by AstraZeneca. Simpson's expertise includes team building, advancing novel technologies through clinical proof-of-concept, and leading significant fundraising, partnerships, and acquisitions. At FLS, he will support new company innovation and portfolio company growth, leveraging his financial, operational, and emerging company knowledge.

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AstraZeneca (NASDAQ: ICVX) has entered into a definitive agreement to acquire Icosavax, Inc., a US-based clinical-stage biopharmaceutical company focused on developing differentiated, high-potential vaccines using an innovative, protein virus-like particle (VLP) platform. The proposed acquisition will strengthen AstraZeneca’s Vaccines & Immune Therapies late-stage pipeline with Icosavax’s lead investigational vaccine candidate, IVX-A12, targeting both RSV and hMPV, two leading causes of severe respiratory infection and hospitalization in adults 60 years of age and older and those with chronic conditions. The upfront cash portion of the consideration represents a transaction value of approximately $0.8bn, a 43% premium to Icosavax’s closing market price on 11th December 2023. Combined, the upfront and maximum potential contingent value payments represent, if achieved, a transaction value of approximately $1.1bn, a 91% premium to Icosavax’s closing market price on 11th December 2023.
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Icosavax, Inc. (Nasdaq: ICVX) has entered into a definitive agreement with AstraZeneca for a tender offer to acquire all outstanding shares for $15.00 per share in cash at closing, with a non-tradable contingent value right of up to $5.00 per share, representing a total equity value of up to $1.1 billion. The acquisition is expected to close in the first quarter of 2024.
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Icosavax, Inc. (Nasdaq: ICVX) announced positive topline interim results from its Phase 2 clinical trial of IVX-A12 against respiratory syncytial virus (RSV) and human metapneumovirus (hMPV) in older adults. IVX-A12 induced robust immune responses to both viruses and was generally well-tolerated, consistent with prior Phase 1 data.
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Icosavax, Inc. (ICVX) reported positive twelve-month durability data and initial proof-of-concept for revaccination with IVX-121 against RSV. The company also completed candidate selection for SARS-CoV-2 and influenza programs, highlighting its antigen design capabilities. Cash and cash equivalents, and short-term investments of $229.2 million were reported at the end of 3Q 2023.
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ICVX: Icosavax to Participate in Jefferies London Healthcare Conference, CEO to Host Fireside Chat on VLP Platform Technology and Pan-Respiratory Vaccines
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Icosavax, Inc. will participate in and host one-on-one meetings at the Guggenheim Healthcare Talks 5th Annual Inflammation, Neurology & Immunology (INI) Conference. The CEO will participate in a fireside chat and interested parties can access the live webcast on the company's website.
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Icosavax, Inc. to participate in Cantor Fitzgerald Global Healthcare Conference 2023
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Icosavax, Inc. (Nasdaq: ICVX) reported positive topline interim Phase 1 results for bivalent VLP vaccine candidate IVX-A12 against RSV and hMPV in older adults. They also announced a registered direct offering of common stock, closed at $67.8 million, extending cash runway into 2H 2025.
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FAQ

What is the market cap of Icosavax (ICVX)?

The market cap of Icosavax (ICVX) is approximately 769.0M.

What does Icosavax, Inc. specialize in?

Icosavax, Inc. specializes in developing vaccines for infectious diseases using computationally-designed virus-like particle (VLP) technology.

Where is Icosavax, Inc. located?

Icosavax, Inc. is located in Seattle, Washington.

What is the focus of Icosavax's lead vaccine candidate IVX-A12?

The lead vaccine candidate, IVX-A12, focuses on providing protection against respiratory syncytial virus (RSV) and human metapneumovirus (hMPV).

What technology does Icosavax use for its vaccines?

Icosavax uses virus-like particle (VLP) technology for the development of its vaccines.

What recent achievement has Icosavax made in its clinical trials?

Icosavax recently reported promising immune responses from its Phase 1b extension trial for IVX-121, a component of IVX-A12.

When is Icosavax expected to announce the topline interim data for IVX-A12?

Icosavax expects to announce topline interim data for the IVX-A12 Phase 2 trial by the end of 2023.

What other diseases is Icosavax targeting with its vaccine pipeline?

Icosavax is developing vaccines targeting influenza and severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2) in addition to RSV and hMPV.

What is the underlying goal of Icosavax’s vaccine development?

The goal of Icosavax’s vaccine development is to address important unmet medical needs, provide broad and durable protection, and reduce healthcare costs.

Who are the key contacts for media and investor relations at Icosavax?

For media inquiries, contact Jessica Yingling, Ph.D., at jessica@litldog.com. For investor relations, contact Laurence Watts at laurence@gilmartinir.com.

Where can I find more information about Icosavax?

More information about Icosavax can be found on their website at https://www.icosavax.com.

Icosavax, Inc.

Nasdaq:ICVX

ICVX Rankings

ICVX Stock Data

769.04M
29.30M
3.47%
87.64%
0.64%
Biotechnology
Healthcare
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United States
Seattle