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Vaxcyte to Host Webcast and Conference Call to Present Topline Results from Phase 1/2 Study of VAX-31, its 31-Valent Pneumococcal Conjugate Vaccine Candidate, in Adults Aged 50 and Older

Key Takeaway: Vaxcyte, Inc. has announced a webcast and conference call scheduled for September 3, 2024, to discuss topline results from its Phase 1/2 study of the VAX-31 vaccine. This 31-valent pneumococcal conjugate vaccine is designed for adults aged 50 and older and aims to improve immunization against invasive pneumococcal disease. The company is focusing on broad-spectrum vaccines utilizing advanced synthetic techniques. VAX-31 builds on Vaxcyte's commitment to address significant health risks posed by bacterial infections.
Price reaction · baseline $80.76 (2024-08-30 close) · 4 other PCVX headline(s) in the window, move may be shared
day 0 close
+36.4%
day 1
+35.2%
day 3 · peak
+38.2%

Market Sentiment Analysis

POSITIVE FACTORS

  • The webcast will present topline results from the Phase 1/2 study.
  • VAX-31 is the broadest-spectrum pneumococcal conjugate vaccine candidate.
  • The vaccine aims to improve upon existing PCVs with enhanced coverage.
  • Vaxcyte is using innovative techniques for vaccine development.

BiopharmaWatch Analysis

From our catalyst data and publicly available data · not financial advice
Best trade, last catalyst
+1%
120-day peak, hindsight
Typical move
27.5%
average across 2 past catalysts
Cash runway
~19 mo
Low dilution risk
Lead asset
31 valent pneumococcal conjugate vaccine
Phase 3 · Pneumococcal Vaccines

Full Press Release Details

SAN CARLOS, Calif., Sept. 02, 2024 (GLOBE NEWSWIRE) -- Vaxcyte, Inc. (Nasdaq: PCVX), a clinical-stage vaccine innovation company engineering high-fidelity vaccines to protect humankind from the consequences of bacterial diseases, today announced it will hold a webcast and conference call tomorrow, September 3, 2024, at 8:00 a.m. Eastern Time to present topline results from the Phase 1/2 study evaluating the safety, tolerability and immunogenicity of VAX-31, the Company’s 31-valent pneumococcal conjugate vaccine (PCV) candidate designed to prevent invasive pneumococcal disease (IPD), in healthy adults aged 50 and older.
To participate in the conference call, please dial 800-225-9448 (domestic) or 203-518-9708 (international) and refer to conference ID PCVX0903. A live webcast of the conference call will also be available on the investor relations page of the Vaxcyte corporate website at www.vaxcyte.com. After the live webcast, the event will remain archived on the Vaxcyte website for 30 days.
Vaxcyte is a vaccine innovation company engineering high-fidelity vaccines to protect humankind from the consequences of bacterial diseases. The Company is developing broad-spectrum conjugate and novel protein vaccines to prevent or treat bacterial infectious diseases. Vaxcyte’s lead candidate, VAX-24, is a Phase 3-ready 24-valent, broad-spectrum, carrier-sparing PCV being developed for the prevention of IPD. VAX-31, the Company’s next-generation 31-valent PCV, is the broadest-spectrum PCV candidate in the clinic today. Both VAX-24 and VAX-31 are designed to improve upon the standard-of-care PCVs for both children and adults by covering the serotypes that are responsible for a significant portion of IPD in circulation and are associated with high case-fatality rates, antibiotic resistance and meningitis, while maintaining coverage of previously circulating strains that are currently contained through continued vaccination practice.
Vaxcyte is re-engineering the way highly complex vaccines are made through modern synthetic techniques, including advanced chemistry and the XpressCF™ cell-free protein synthesis platform, exclusively licensed from Sutro Biopharma, Inc. Unlike conventional cell-based approaches, the Company’s system for producing difficult-to-make proteins and antigens is intended to accelerate its ability to efficiently create and deliver high-fidelity vaccines with enhanced immunological benefits. Vaxcyte’s pipeline also includes VAX-A1, a prophylactic vaccine candidate designed to prevent Group A Strep infections; VAX-PG, a therapeutic vaccine candidate designed to slow or stop the progression of periodontal disease; and VAX-GI, a vaccine candidate designed to prevent Shigella. Vaxcyte is driven to eradicate or treat invasive bacterial infections, which have serious and costly health consequences when left unchecked. For more information, visit www.vaxcyte.com.

Frequently Asked Questions

What is VAX-31?

VAX-31 is a 31-valent pneumococcal conjugate vaccine designed to prevent invasive pneumococcal disease.

When will Vaxcyte present the VAX-31 study results?

Vaxcyte will present the VAX-31 study results on September 3, 2024, at 8:00 a.m. ET.

How can I join the Vaxcyte conference call?

To join, call 800-225-9448 domestically or 203-518-9708 internationally, using ID PCVX0903.

Where can I find the webcast of the conference call?

The live webcast can be found on Vaxcyte's investor relations page at their website.

What other vaccines are in Vaxcyte's pipeline?

Vaxcyte’s pipeline includes vaccines for Group A Strep, periodontal disease, and Shigella.

Last updated: Sep 2, 2024