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Vaxxinity reports Q2 EPS (11c) vs (14c) last year
The Fly

Vaxxinity reports Q2 EPS (11c) vs (14c) last year

“Vaxxinity has broken new ground in the first half of 2023. Now in three independent programs, UB-311, UB-312, and UB-313, we have demonstrated proof of technology and our ability to safely induce antibodies in subjects through active immunization. Importantly, we also demonstrated target engagement of toxic forms of alpha-synuclein, a pathology underlying Parkinson’s disease, with UB-312. This is our first clear proof of mechanism of action in patients, showing that UB-312-induced antibodies clearly bind to the target and slow alpha-synuclein aggregation. We expect this to have positive read-through to our Alzheimer’s and other chronic disease programs. In other words, the platform is doing what we designed it to do,” said Mei Mei Hu, CEO of Vaxxinity.

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