other material
confidence high
sentiment positive
materiality 0.75
Invivyd reports preliminary Q4 revenue of $13.8M; positive Phase 1/2 data for VYD2311
Invivyd, Inc.
- Preliminary Q4 PEMGARDA net revenue $13.8M, 48% growth over Q3; total operating costs $32M, 55% reduction.
- Cash and equivalents $69.3M; accounts receivable $10.9M; targets near-term profitability by end of 1H 2025.
- Positive Phase 1/2 data for VYD2311: safety mild/moderate, serum concentrations high at Day 65, half-life not reached.
- VYD2311 shows average 17-fold greater in vitro neutralization potency vs pemivibart across contemporary SARS-CoV-2 variants.
- Potential clinical profile: 70-90% protection from symptomatic COVID-19 with once- or twice-annual dosing, also as treatment.