Heath Lukatch
On July 13, 2026, Heath Lukatch notified the Board of Directors (the “Board”) of Vaxcyte, Inc. (“the “Company”) of his retirement from the Board, effective as of July 16, 2026.
Highest-materiality recent filing
Vaxcyte Q2 net loss $284M; VAX-31 OPUS-1 topline data expected Q4 2026
Net loss of $284.3M in Q2 2026 vs $166.6M in Q2 2025; R&D expenses rose to $267.9M.
Vaxcyte Q1 net loss $320.6M; OPUS Phase 3 enrollment completed; topline data Q4 2026
Cash $2.74B as of Mar 31, up from $2.44B Dec 31; includes $601.8M from Feb 2026 equity offering.
Vaxcyte enters $500M at-the-market equity offering; terminates prior $270.3M ATM with Jefferies
Sales agreement with Leerink Partners for up to $500M in common stock via at-the-market offerings.
Vaxcyte reports 2025 net loss of $766.6M; cash $2.44B plus $600M from Feb equity offering
Full-year 2025 net loss $766.6M vs $463.9M in 2024; R&D expenses $794.3M (up 67% YoY).
Vaxcyte raises $600.2M in public offering of 12.65M shares at $50/share
Offering of 11M shares at $50.00 public price; underwriter option for 1.65M shares exercised.
Vaxcyte Q3 net loss $212.8M; cash $2.67B; VAX-31 adult pivotal study start Dec 2025
Net loss of $212.8M for Q3 2025 vs $103.1M in Q3 2024; R&D expenses $209.9M, up from $116.9M.
Vaxcyte signs 15-year manufacturing deal with Thermo Fisher's Patheon
Agreement covers formulation, fill, finish, testing at Patheon's Greenville, NC facility.
Vaxcyte Q2 net loss $166.6M, cash $2.83B; VAX-31 Phase 3 on track for Q4 start
Net loss $166.6M for Q2 2025 vs $128.7M a year ago; R&D expenses $194.2M, up from $131.5M.
Vaxcyte Q1 net loss $140.7M; VAX-24 infant data positive, VAX-31 Phase 3 set for mid-2025
Net loss $140.7M vs $95.0M YoY; cash, equivalents & investments $2.95B at March 31, 2025.
Vaxcyte reports positive VAX-24 infant Phase 2 topline; selects mid dose; announces VAX-XL
VAX-24 well-tolerated; safety similar to Prevnar 20; no related serious adverse events.
Vaxcyte reports Q4 2024 net loss of $137.1M; cash $3.13B; VAX-31 Phase 3 on track for mid-2025
Net loss Q4 2024: $137.1M; full year 2024: $463.9M vs $402.3M in 2023.
Vaxcyte reports Q3 net loss $103M; cash $3.27B after $1.4B follow-on
Net loss of $103.1M for Q3 2024 vs $92.7M in Q3 2023.
Vaxcyte raises $1.42B in underwritten public offering of common stock and pre-funded warrants
Sold 10,194,175 shares at $103.00/share and pre-funded warrants to purchase 2,427,184 shares at $102.999/warrant.
Vaxcyte reports positive Phase 1/2 data for VAX-31; all serotypes meet immunogenicity criteria
VAX-31 showed robust OPA responses for all 31 serotypes at all doses; safety profile similar to Prevnar20.
Vaxcyte Q2 net loss $128.7M; cash $1.85B; VAX-31 adult data due Sept 2024
Net loss $128.7M for Q2 2024 vs $68.3M in Q2 2023; R&D expenses $131.5M, up from $72.7M.
Vaxcyte reports Q1 net loss $95M, cash $1.9B; VAX-31/24 enrollment complete
Cash, equivalents and investments $1.9B at March 31, 2024, up from $1.24B at Dec 31, 2023, including $816.5M net from Feb offering.
Vaxcyte FY23 net loss $402M; VAX-31 adult Phase 1/2 topline data Q3 2024; cash $1.24B
Net loss of $402.3M for FY2023 (vs $223.5M in FY2022); cash, equivalents & investments $1.24B as of Dec 31, 2023.
Vaxcyte Raises $816.5 Million in Public Offering of Common Stock and Pre-Funded Warrants
Underwriting agreement with BofA, Jefferies, Leerink, Evercore for 10,937,500 shares at $64.00 per share and 781,250 pre-funded warrants at $63.999 per warrant.
Vaxcyte exercises option for manufacturing rights; pays $50M upfront
Exercised option on Nov 21, 2023; paid $50M cash; owes $25M within 6 months.
Vaxcyte Q3 net loss $92.7M; FDA clears VAX-31 IND; VAX-24 Phase 3 agreed
Net loss $92.7M vs $57.9M YoY; cash $1.43B (up from $957.9M Dec 2022).
Vaxcyte subsidiary signs commercial manufacturing deal with Lonza for pneumococcal vaccine
Lonza will build a dedicated suite in Visp, Switzerland to manufacture drug substance for Vaxcyte's pneumococcal conjugate vaccine franchise.
Vaxcyte reports Q2 net loss $68.3M, cash $1.44B, VAX-24 infant Phase 2 advanced to Stage 2
Cash $1.44B as of June 30, includes $545M net from April public offering.
Vaxcyte reports Q1 net loss $60.5M; VAX-24 Phase 2 meets endpoints in adults 65+
Net loss of $60.5M in Q1 2023 vs $39.0M in Q1 2022; R&D expenses $58.1M, up from $31.7M.
Vaxcyte raises $544.5M net via public offering of stock and pre-funded warrants
Issued 11.2M shares at $41.00 and pre-funded warrants for 1M shares at $40.999 each.
VAX-24 2.2mcg dose met OPA non-inferiority for 18 of 20 serotypes common with Prevnar 20 and superiority for all four unique serotypes.
Agreement effective March 1, 2023, for manufacturing process development and production of polysaccharide antigens, eCRM carrier, and conjugated drug substances.
Vaxcyte reports Q4 2022 net loss of $78.1M; cash $957.9M; VAX-24 infant IND cleared
Net loss of $78.1M for Q4 2022 and $223.5M for full year 2022; R&D expenses $51.6M and $169.5M respectively.
Vaxcyte in option deal with Sutro for cell-free extract; $22.5M upfront
Upfront consideration of $22.5M: $10M cash, $7.5M stock (due within 5-7 days), $5M after Form Definitive Agreement.
Q3 net loss $57.9M (vs $26.6M YoY); R&D $47.7M (up from $20.4M) on Phase 3/IND activities.
Vaxcyte prices $650.7M underwritten public offering of common stock and pre-funded warrants
Selling 15M shares at $32.00/share and pre-funded warrants for 3.75M shares at $31.999 each.
Vaxcyte VAX-24 Phase 1/2 meets all endpoints; 2.2mcg dose advances to Phase 3
VAX-24 safety profile similar to Prevnar 20 at all doses; no related SAEs or chronic illnesses.
Vaxcyte Q2 net loss $48.5M; VAX-24 Phase 2 fully enrolled with topline data expected Oct/Nov 2022
Cash, equivalents and investments of $361.4M at June 30, 2022 (vs. $273.1M at Dec. 31, 2021).
Vaxcyte Q1 net loss $39M, cash $352M; VAX-24 topline results due end-2022
Q1 net loss $39.0M vs $21.2M YoY; R&D $31.7M, G&A $7.5M.
On July 13, 2026, Heath Lukatch notified the Board of Directors (the “Board”) of Vaxcyte, Inc. (“the “Company”) of his retirement from the Board, effective as of July 16, 2026.
Concurrently, upon recommendation of the Nominating and Corporate Governance Committee of the Board, the Board appointed John Markels to the Board as a Class II director, effective as of July 16, 2026.
On June 17, 2026, upon recommendation of the Nominating and Corporate Governance Committee of the Board, the Board appointed Moncef Slaoui to the Board as a Class II director, which appointment became effective immediately.
On June 17, 2026, Jacks Lee notified the Board of Directors (the “Board”) of Vaxcyte, Inc. (“the “Company”) of his retirement from the Board, effective as of June 17, 2026.
On May 1, 2025, upon recommendation of the Nominating and Corporate Governance Committee, the Board of Directors (the “Board”) of Vaxcyte, Inc. (the “Company”) appointed Dr. Olivier Brandicourt to the Board as a Class III director, which appointment became effective immediately.
the Board of Directors (the “Board”) of Vaxcyte, Inc. (the “Company”) appointed John P. Furey to the Board as a Class II director, which appointment became effective on July 2, 2024.
appointed Jacks Lee to the Board as a Class II director
On December 6, 2022, the Board of Directors of Vaxcyte, Inc. (the “Company”) appointed Elvia Cowan, its Senior Vice President, Finance, as the Company’s principal accounting officer, effective January 1, 2023.
On September 16, 2021, Patrick Heron, a director of the Vaxcyte, Inc. (the “Company”) and member of the Audit Committee, and Rob Hopfner, a director of the Company and member of the Nominating and Corporate Governance Committee (the “Nominating Committee”), both resigned as members of the Company’s Board of Directors (the “Board”), which resignations became effective on September 16, 2021.
On September 16, 2021, upon recommendation of the Nominating Committee, the Board appointed Annie Drapeau and Teri Loxam to the Board as Class I directors, which appointments became effective on September 16, 2021.
On September 16, 2021, Patrick Heron, a director of the Vaxcyte, Inc. (the “Company”) and member of the Audit Committee, and Rob Hopfner, a director of the Company and member of the Nominating and Corporate Governance Committee (the “Nominating Committee”), both resigned as members of the Company’s Board of Directors (the “Board”), which resignations became effective on September 16, 2021.
On September 16, 2021, upon recommendation of the Nominating Committee, the Board appointed Annie Drapeau and Teri Loxam to the Board as Class I directors, which appointments became effective on September 16, 2021.
Max materiality 0.90 · Median 0.70 · Most common event other_material