Inovio Pharmaceu Stock Price, News & Analysis

INOVIO (NASDAQ: INO), a biotechnology company, will showcase three posters at IDWeek 2021, held virtually from September 29 to October 3. Dr. Laurent M. Humeau stated that these presentations highlight their DNA vaccine candidates targeting COVID-19. The showcased abstracts include safety and immunogenicity data for INO-4800, which induced neutralizing antibodies and T-cell activity against SARS-CoV-2 variants. INOVIO focuses on developing DNA medicines for infectious diseases, with a strong track record of over 3,900 patients treated in clinical trials.

INOVIO has received authorization from Mexico's COFEPRIS to conduct Phase 3 clinical trials for its COVID-19 DNA vaccine candidate, INO-4800, as part of the global INNOVATE trial. This development, alongside previous authorizations in Brazil and the Philippines, positions INOVIO to assess the vaccine's efficacy in adults. The Phase 3 trial aims to evaluate a two-dose regimen with a primary endpoint of confirmed COVID-19 cases. INO-4800 is notable for its safety profile and thermostability, potentially contributing to the global pandemic response.

INOVIO (NASDAQ:INO) has announced that Dr. Joseph Kim, President and CEO, will present at three upcoming investor conferences in September 2021. The conferences include:

• H.C. Wainwright 23rd Annual Global Investment Conference - Sept 13-15, recorded presentation available on-demand.
• Oppenheimer Fall Healthcare Life Sciences & MedTech Summit - Sept 21, at 9:55 AM ET, fireside chat format.
• Cantor Fitzgerald Healthcare Conference - Sept 27, at 10:00 AM ET, fireside chat format.

Details on accessing these presentations can be found on INOVIO's Investor Relations page.

INOVIO (NASDAQ: INO) announced regulatory approval from Brazil's ANVISA to proceed with the global Phase 3 segment of the INNOVATE trial for its DNA vaccine candidate INO-4800 against COVID-19. This trial will assess the efficacy of a two-dose regimen in several countries, targeting adults aged 18 and older. The trial aims to confirm the vaccine's safety and immunogenicity, building on positive Phase 2 results. INO-4800 is characterized as stable at room temperature, well-tolerated, and scalable for mass distribution, offering potential advantages in combating COVID-19.

INOVIO (NASDAQ: INO) reported a net loss of $82.1 million, or $0.39 per share, for Q2 2021, compared to a loss of $128.7 million, or $0.83 per share, in Q2 2020. Total revenue slightly increased to $273,000 from $267,000. Operating expenses rose to $83.5 million from $33.4 million, driven primarily by R&D costs associated with manufacturing scale-up for COVID-19 vaccine INO-4800. INOVIO continues advancing its COVID-19 vaccine initiatives, including the INNOVATE Phase 3 trial and the new pan-COVID-19 vaccine INO-4802.

INOVIO (NASDAQ:INO) announced regulatory approval to initiate two clinical trials in China for its COVID-19 DNA vaccine candidate, INO-4800. The trials, sponsored by Advaccine Biopharmaceuticals and Sinovac, will investigate the safety and immunogenicity of a heterologous prime-boost regimen with INO-4800 and Sinovac's CoronaVac. Following successful preclinical results demonstrating strong immune responses, the trials aim to enhance vaccination strategies against emerging COVID-19 variants. If successful, INO-4800 could serve as both a primary and booster vaccine.

INOVIO (NASDAQ: INO) has commenced Phase 2 trials for INO-4700, a DNA vaccine aimed at combating the Middle East Respiratory Syndrome (MERS). This multi-center study, involving around 500 healthy volunteers in Jordan and Lebanon, seeks to assess the safety and immunogenicity of the vaccine. The trial builds on promising results from a previous Phase 1 trial, where 98% of participants developed an immune response. Funded by a $56 million CEPI grant, INOVIO aims to provide a preventive vaccine against MERS, a deadly disease with a high fatality rate.

INOVIO (NASDAQ: INO) will release its second quarter 2021 financial results on August 9, 2021, after market close. A conference call will follow at 4:30 p.m. ET, providing insights into its DNA Medicines Platform and ongoing COVID-19 vaccine developments. The company aims to address financial results and business updates.

Notably, INOVIO's lead candidate VGX-3100 has shown promising results in clearing high-grade cervical lesions in clinical trials, while INO-4800 is currently in Phase 2 trials for COVID-19.

INOVIO (NASDAQ: INO) announced an expansion of its partnership with Advaccine Biopharmaceuticals to conduct a global Phase 3 trial for INO-4800, a DNA vaccine targeting COVID-19. The trial will evaluate the safety and efficacy of a two-dose regimen in adults across Latin America and Asia, with an emphasis on underserved regions. The Phase 3 trial follows promising Phase 2 results showing INO-4800's good tolerance and immunogenicity. The estimated cost of the trial is about $100 million, which will be shared equally with Advaccine.