other material
confidence high
sentiment neutral
materiality 0.65
Virpax resolves Nasdaq delisting, appoints new director, extends NIH collaboration, posts positive Probudur results
Virpax Pharmaceuticals, Inc.
- On Nov 19, Virpax cured Nasdaq delisting notice by appointing Esha Randhawa as independent director and audit committee member.
- CEO Jatinder Dhaliwal entered contractor agreement; annual fee $200k plus milestone incentives tied to IND, trials, FDA approval.
- NIH/NCATS extended collaboration for NES100 intranasal enkephalin pain candidate, aiming for IND for acute/chronic non-cancer pain.
- Probudur minipig DRF study showed positive tolerance, no adverse effects; supports IND filing for long-acting bupivacaine formulation.