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New data demonstrates the unique scalability of Evaxion’s AI-Immunology™ platform in glioblastoma

(Moderate)
(Very Positive)
Tags
AI

Evaxion (NASDAQ: EVAX) reports new data showing its AI-Immunology™ platform can identify endogenous retrovirus (ERV)-derived antigens in glioblastoma and design vaccine candidates. Findings include bioinformatic ERV profiling, neoantigen detection in most patients, and experimental immunologic responses.

Data were generated with Duke University and will be presented at AACR on April 22, 2026 (Poster #6975).

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Positive

  • ERV-derived antigens identified in glioblastoma tumor samples
  • Neoantigens found in majority of patients, enabling vaccine inclusion
  • Experimental immunologic responses observed to discovered ERV antigens

Negative

  • Early-stage data, limited to bioinformatic and experimental immunology readouts
  • No clinical efficacy data presented demonstrating patient benefit or survival impact
  • Glioblastoma has low mutational burden, limiting canonical neoantigen targets

News Market Reaction – EVAX

+7.49% 3.8x vol
15 alerts
+7.49% Session close to close
+7.0% Peak in 2 hr 11 min
$39.28M Market Cap
3.8x Rel. Volume

In the Apr 17 session, EVAX gained 7.49%, reflecting a notable positive market reaction. Argus tracked a peak move of +7.0% during that session. Our momentum scanner triggered 15 alerts that day, indicating notable trading interest and price volatility. Trading volume was very high at 3.8x the daily average, suggesting strong buying interest.

Data tracked by StockTitan Argus on the day of publication.

Market Context

The stock moved +7.5% in the session following this news. A strong positive reaction aligns with how...
Analysis

The stock moved +7.5% in the session following this news. A strong positive reaction aligns with how prior AI-Immunology™ announcements often coincided with gains, as seen in multiple AI-tag events with moves above 3%. However, past history also shows occasional negative reactions to positive platform news. Investors watching such a surge might weigh the sustainability of interest once conference catalysts pass and consider broader financing, pipeline, and execution risks that have influenced EVAX’s trading range between its $1.25 52-week low and $12.1499 high.

Key Figures

AACR presentation date: April 22, 2026 Poster number: 6975 Session time CST: 9am–12pm CST +1 more
4 metrics
AACR presentation date April 22, 2026 AACR Annual Meeting poster session for glioblastoma vaccine data
Poster number 6975 AACR poster ID for glioblastoma ERV-derived neoantigen study
Session time CST 9am–12pm CST AACR Immunology session window for Evaxion poster
Session time CET 16–19 CET Corresponding European time for AACR poster session

Previous AI Reports

5 past events · Latest: Mar 30 (Positive)
Same Type Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Mar 30 AI vaccine concepts Positive +7.1% AI-driven polio vaccine concepts and CMV program data at World Vaccine Congress.
Jan 13 AI platform expansion Positive -1.5% Expansion of AI-Immunology™ into autoimmune diseases with milestones outlined for 2026.
Nov 03 New AI cancer vaccine Positive +0.3% Launch of EVX-04 AI-designed AML vaccine with strong preclinical T-cell responses.
Oct 08 Automated design module Positive +10.0% Automated vaccine design module promising faster, cheaper end-to-end vaccine design.
Jul 01 Management changes Neutral +1.2% Executive reshuffle aimed at optimizing value from the AI-Immunology™ platform.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

AI-Immunology™ news has usually coincided with gains: 4 of 5 AI-tag events saw positive next-day moves, with one negative divergence.

Recent Company History

Recent history shows Evaxion using its AI-Immunology™ platform across cancers and infectious diseases. Prior AI-tag events covered polio vaccine design with the Gates Foundation, expansion into autoimmune diseases, an AI-designed AML vaccine candidate, and an automated vaccine design module. These announcements generally produced modestly positive price reactions. Today’s glioblastoma-focused AI-Immunology™ data fits this pattern of showcasing platform scalability into new indications.

Key Terms

glioblastoma, endogenous retrovirus (erv), neoantigens, immunologic responses, +4 more
8 terms
glioblastoma medical
"vaccine design also for the deadly brain cancer, glioblastoma"
Glioblastoma is a fast-growing and aggressive type of brain tumor that can affect a person's thinking, movement, or senses. Its seriousness and difficulty to treat can lead to significant health impacts, making it a concern for medical research and drug development. For investors, advances or setbacks in glioblastoma treatments can influence biotech companies and healthcare markets focused on cancer therapies.
endogenous retrovirus (erv) medical
"identify endogenous retrovirus (ERV)-derived antigens in tumor samples"
Endogenous retroviruses (ERVs) are viral DNA sequences that became part of an organism’s genome long ago and now sit like fossilized pages inside the body’s instruction manual. They can influence how nearby genes behave or become reactivated in disease, so they matter to investors because they can create new diagnostic markers, drug targets, or safety considerations for genetic and infectious-disease therapies, affecting clinical prospects and regulatory review.
neoantigens medical
"we also identified neoantigens of sufficient quality to include in a vaccine"
Neoantigens are new protein fragments that appear on the surface of diseased cells, most often cancer cells, because of changes in their DNA; the immune system can recognize these as foreign. For investors, neoantigens matter because they are targets for precision therapies and vaccines that aim to teach the immune system to attack only diseased cells—think of them as unique fingerprints that enable treatments to be more specific and potentially more effective, which can drive clinical and commercial value.
immunologic responses medical
"experimental data demonstrating immunologic responses of the discovered ERV antigens"
Immunologic responses are the ways a body’s immune system reacts to a vaccine, drug, or infection, such as producing antibodies or activating immune cells. For investors, these responses matter because they indicate whether a treatment is likely to work and how safe it is—similar to testing whether a new security system both detects threats and avoids false alarms—which affects regulatory approval, market demand, and a company’s future revenue.
mutational burden medical
"few neoantigens to target due to low mutational burden"
Mutational burden is a measure of how many genetic alterations a tumor has accumulated, reported as the number of mutations relative to the size of the sampled DNA. Investors care because higher mutational burden can make a cancer more likely to attract immune-system–targeting treatments and become a companion-diagnostic market opportunity, much like counting typos in a manuscript can predict whether a new editing tool will be useful to fix it.
epitopes medical
"can be targeted by vaccines alongside mutation-derived epitopes"
Epitopes are the specific tiny parts of a pathogen or protein that the immune system recognizes and binds to, like a unique fingerprint or the teeth of a lock that a key (an antibody or immune cell) fits into. They matter to investors because identifying the right epitopes is central to developing vaccines, diagnostic tests and targeted therapies; success or failure in selecting them can determine a product’s effectiveness, regulatory approval and commercial value.
personalized cancer vaccine medical
"Proof-of-Concept for personalized vaccines incorporating ERV-derived antigens"
A personalized cancer vaccine is a medicine made to match an individual patient’s tumor and immune system, designed to train their immune cells to recognize and attack that patient’s specific cancer—like a tailor-made key developed to fit one unique lock. Investors watch this area because it promises highly targeted, potentially long-lasting treatments but also involves complex manufacturing, high development costs and regulatory uncertainty that can strongly affect company value.
immunotherapy medical
"glioblastoma, which is refractory to immunotherapy due to low mutational burden"
Treatment that uses or enhances the body’s immune system to detect and fight disease, most often cancers or chronic infections; think of it as training or arming the body’s own soldiers to find and destroy targets. It matters to investors because successful immunotherapies can lead to high-value drug approvals, recurring revenue from long-term treatments, and changes in competitive dynamics, while failures or safety issues in clinical trials can materially affect company valuations.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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  • Data analysis conducted in collaboration with a leading academic medical center shows that AIImmunology™ enables vaccine design also for the deadly brain cancer, glioblastoma
  • Uniquely, the platform can identify a novel source of targets to include in glioblastoma cancer vaccines, potentially enhancing their efficacy
  • Data will be presented at the American Association for Cancer Research (AACR) Annual Meeting

COPENHAGEN, Denmark, April 17, 2026 - Evaxion A/S (NASDAQ: EVAX) (“Evaxion”), a clinical-stage TechBio company developing novel vaccines with its pioneering AI-Immunology™ platform, announces new data demonstrating the platform’s ability to also potentially develop vaccines for glioblastoma (brain cancer).

The data, which will be presented at the AACR Annual Meeting in San Diego, California, on April 22, 2026, is another confirmation of how AI-Immunology™ can be applied across a range of different cancers as well as other diseases.

Evaxion has collaborated with researchers at Duke University School of Medicine to identify endogenous retrovirus (ERV)-derived antigens in tumor samples from multiple glioblastoma patients to include in vaccines to treat the deadly brain cancer, for which limited therapeutic options exist.

ERVs are tumor antigens from the dark genome. These antigens are present in tumors but absent in normal tissue, making them highly attractive targets for cancer vaccines. AI-Immunology™ has unique capabilities in identifying ERVs and this opens a whole new source of antigens, which can potentially greatly improve the efficacy of cancer vaccines for glioblastoma patients, who generally have few neoantigens to target due to low mutational burden.

In addition to the ERV-derived antigens, we also identified neoantigens of sufficient quality to include in a vaccine in the majority of patients

“We are excited by these new findings confirming that AI-Immunology™ is a unique platform for designing vaccines for many different cancer types, combining neoantigens with other types of antigens. This holds great potential for improving vaccine efficacy, and we are looking forward to discussing the data with both scientific stakeholders and potential business partners at the AACR Annual Meeting,” says Birgitte Rønø, CSO of Evaxion.

Strong Proof-of-Concept
The new findings include bioinformatic analysis profiling ERV expression in patient tumor samples and vaccine design feasibility assessment as well as experimental data demonstrating immunologic responses of the discovered ERV antigens. They show that ERVs constitute a relevant antigen source that may overcome limitations imposed by low mutational burden, providing a strong Proof-of-Concept for personalized vaccines incorporating ERV-derived antigens.

“There is a dire need for better treatment options for glioblastoma, which is refractory to immunotherapy due to low mutational burden and paucity of canonical neoantigens. We are encouraged to have found a new tumor-specific antigen source in ERVs that can be targeted by vaccines alongside mutation-derived epitopes,” says Professor Mustafa Khasraw, MD, who studies tumor immunobiology at Duke University School of Medicine.

AACR presentation details
Abstract title: Endogenous retrovirus-derived neoantigens enable a personalized cancer vaccine strategy for glioblastoma
Poster#: 6975
Session category: Immunology
Session title: Novel Models of Immunotherapy Response
Location: Poster section 8
Date/Time: April 22, 2026, at 9am-12pm CST/16-19 CET 
Presenter: Megan Benz, Duke University Medical Center

Contact information 
Evaxion A/S
Mads Kronborg
Vice President, Investor Relations & Communication
+45 53 54 82 96
mak@evaxion.ai

About Evaxion
Evaxion is a pioneering TechBio company based upon its proprietary, clinically validated and scalable AI platform, AI-Immunology™. The platform harnesses the power of artificial intelligence to decode the human immune system and develop novel vaccine candidates for cancer and infectious diseases.

With AI-Immunology™ we conduct rapid, efficient and high-quality target discovery, drug design and development. Our team of +40 experts covers the entire value chain from target discovery to clinical development

We have developed a clinical pipeline of both personalized and off-the-shelf cancer vaccine candidates as well as prophylactic vaccine candidates for infectious diseases. All our candidates address high unmet medical needs, reflecting our commitment to transforming patients’ lives by providing innovative and targeted treatment options.

For more information about Evaxion, AI-Immunology™ and our pipeline, please visit our website

Forward-looking statement 
This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The words “target,” “believe,” “expect,” “hope,” “aim,” “intend,” “may,” “might,” “anticipate,” “contemplate,” “continue,” “estimate,” “plan,” “potential,” “predict,” “project,” “will,” “can have,” “likely,” “should,” “would,” “could,” and other words and terms of similar meaning identify forward-looking statements. Actual results may differ materially from those indicated by such forward-looking statements as a result of various factors, including, but not limited to, risks related to: our financial condition and need for additional capital; our development work; cost and success of our product development activities and preclinical and clinical trials; commercializing any approved pharmaceutical product developed using our AI platform technology, including the rate and degree of market acceptance of our product candidates; our dependence on third parties including for conduct of clinical testing and product manufacture; our inability to enter into partnerships; government regulation; protection of our intellectual property rights; employee matters and managing growth; our ADSs and ordinary shares, the impact of international economic, political, legal, compliance, social and business factors, including inflation, and the effects on our business from other significant geopolitical and macro-economic events; and other uncertainties affecting our business operations and financial condition. For a further discussion of these risks, please refer to the risk factors included in our most recent Annual Report on Form 20-F and other filings with the US Securities and Exchange Commission (SEC), which are available at www.sec.gov. We do not assume any obligation to update any forward-looking statements except as required by law. 


FAQ

What did Evaxion (EVAX) announce about glioblastoma on April 17, 2026?

They announced new data showing AI-Immunology™ can identify ERV-derived antigens for glioblastoma vaccines. According to Evaxion, the collaboration with Duke found ERV antigens and neoantigens with experimental immunologic responses, and the data will be presented at AACR on April 22, 2026.

How does Evaxion's AI-Immunology™ find vaccine targets for glioblastoma (EVAX)?

It identifies endogenous retrovirus (ERV)-derived antigens and neoantigens from tumor data. According to Evaxion, the platform profiled ERV expression and selected antigen candidates, enabling vaccine design despite glioblastoma's typically low mutational burden.

Will the Evaxion (EVAX) data presented at AACR show clinical benefit for glioblastoma patients?

No clinical benefit was reported; findings are preclinical and immunologic in nature. According to Evaxion, the presentation includes bioinformatic profiling and experimental immune responses, not clinical outcome or survival data.

What is the significance of ERV-derived antigens in Evaxion's EVAX glioblastoma research?

ERV antigens offer a new tumor-specific target class absent from normal tissue. According to Evaxion, ERVs come from the dark genome and may overcome low neoantigen availability in glioblastoma, improving personalized vaccine design potential.

When and where will Evaxion (EVAX) present the glioblastoma vaccine data at AACR 2026?

The data will be presented April 22, 2026, in Poster section 8 at AACR. According to Evaxion, the poster (Poster #6975) is scheduled for 9:00am–12:00pm CST and will be presented by Megan Benz from Duke University.