other_material
confidence high
sentiment negative
materiality 0.75
Vaxart receives stop work order from BARDA on Phase 2b oral COVID-19 vaccine trial
Vaxart, Inc.
- ATI/BARDA directed Vaxart to stop all work on Project Agreement RRPV-24-04-NGVx-003 for oral COVID-19 vaccine.
- Company may only continue follow-up for already dosed participants in the 10,000-person cohort; enrollment about half complete.
- No reason provided; DSMB had determined on July 14 that the study could proceed without modification.
- Company expects a follow-up notice with further details; no additional funding or termination decision announced.
item 1.01item 8.01