other material
confidence high
sentiment positive
materiality 0.85
GeoVax receives BARDA award up to $45M for Phase 2b COVID-19 vaccine trial
GeoVax Labs, Inc.
- Direct award to GeoVax of ~$24.3M, potentially increasing to $45M, for manufacturing and clinical trial support.
- BARDA separately commits ~$343M from Project NextGen for a CRO to execute the 10,000-participant Phase 2b study.
- Phase 2b double-blinded trial will compare GeoVax's GEO-CM04S1 against an FDA-approved mRNA COVID-19 vaccine.
- Study is part of HHS Project NextGen, a $5B initiative for next-generation COVID-19 vaccines and therapeutics.
- GeoVax's dual-antigen vaccine candidate aims to induce durable antibody and T-cell immunity against variants.