Vaxcyte, Inc. reported Phase I/II clinical trial results in adults on 3 September for VAX-31, its pneumococcal conjugate vaccine (PCV) against 31 serotypes of Streptococcus pneumoniae, that would offer the broadest protection against pneumococcal disease, if eventually approved. The data met immunogenicity requirements needed for approval across all serotypes and achieved non-inferiority or superiority compared to Pfizer Inc.’s market-leading product Prevar 20 across all of the vaccines’ shared serotypes.
Key Takeaways
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Vaxcyte reported Phase I/II results in adults for its 31-valent pneumococcal vaccine VAX-31 and plans to begin its Phase III program in mid-2025 with the first topline data available in 2026.
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The company also has its 24-valent vaccine in Phase I/II for infants and plans to take VAX-31 into Phase I/II for infants in 2025
With results that exceeded expectations for a product with the potential to become the next market leader, the company’s stock price surged on 3 September to close up 36.4% at $110.15 per share
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