Despite positive topline data, investors were unimpressed with the latest Phase III results from VBI Vaccines Inc.’s trials for its trivalent hepatitis B vaccine, causing the company's share price to drop by 66% on 17 June.
The Cambridge, MA-based firm released encouraging headline results from the pivotal Phase III study, PROTECT, designed to compare Sci-B-Vac with GlaxoSmithKline PLC’s vaccine Engerix-B. All patients in the Sci-B-Vac dose cohort received three 10mcg doses throughout the study, one each at months zero, one and six
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