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Vaxcyte to Present at the 23rd Annual Needham Virtual Healthcare Conference

Key Takeaway: Vaxcyte, Inc. is set to participate in the 23rd Annual Needham Virtual Healthcare Conference on April 9, 2024. The company will deliver a fireside chat focusing on its ongoing efforts in vaccine innovation, particularly its lead candidate VAX-24, a 24-valent pneumococcal conjugate vaccine. Vaxcyte is developing a range of vaccines to prevent or treat various bacterial infectious diseases, utilizing advanced synthetic techniques to ensure high-fidelity vaccine production. The conference will be accessible via a live webcast, with a replay available for 30 days post-event.
Price reaction · baseline $66.73 (2024-04-01 close) · hit after-hours · clean, no other PCVX news in the window
day 0 close · peak
-3.4%

Market Sentiment Analysis

POSITIVE FACTORS

  • Vaxcyte is poised to showcase its innovative vaccine developments at a prominent healthcare conference.
  • The company is advancing its lead candidate, VAX-24, to address significant health threats from bacterial diseases.
  • Vaxcyte's unique technologies in vaccine development, such as the XpressCF™ platform, promise enhanced immunological benefits.

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., April 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, announced today that Company management will participate in a fireside chat at the 23rd Annual Needham Virtual Healthcare Conference on Tuesday, April 9 at 12:45 p.m. ET / 9:45 a.m. PT.
A live webcast of the fireside chat can be accessed through the Investors & Media section of the Company’s website at http://investors.vaxcyte.com. A replay of the webcast will be available for approximately 30 days following the conference.
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 pneumococcal conjugate vaccine (PCV) being developed for the prevention of invasive pneumococcal disease (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

When is Vaxcyte's fireside chat at the Needham Conference?

The fireside chat is on April 9, 2024, at 12:45 p.m. ET.

What is Vaxcyte's lead vaccine candidate?

Vaxcyte's lead candidate is VAX-24, a Phase 3-ready pneumococcal conjugate vaccine.

How does Vaxcyte produce its vaccines?

Vaxcyte uses modern synthetic techniques and the XpressCF™ cell-free platform.

What are some of Vaxcyte's other vaccine candidates?

Other candidates include VAX-A1, VAX-PG, and VAX-GI targeting various bacterial infections.

Where can I find the webcast of the fireside chat?

The webcast can be accessed on Vaxcyte's Investors & Media section of their website.

Last updated: Apr 2, 2024