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Invivyd, Inc. announced plans to seek EUA for COVID-19 treatment in immunocompromised individuals through a rapid immunobridging pathway leveraging prior successful clinical trials. The company intends to submit an application for pemivibart imminently, aiming for a potential second EUA. Despite this, 2024 revenue and cash guidance remain unchanged. The company will provide more details during the upcoming 1Q 2024 results call on May 9, 2024.
Invivyd, Inc. (Nasdaq: IVVD) will host a conference call on May 9, 2024, to discuss its first-quarter financial results and recent business highlights. The company focuses on protection from viral infectious diseases.
Invivyd, Inc. (Nasdaq: IVVD) has announced a significant improvement in its projected 2024 year-end cash position by $20-25 million, expecting to end the year with at least $75 million in cash and cash equivalents. The company achieved these improvements through resource realignment to focus on the commercial launch of PEMGARDA™ and the discovery of novel monoclonal antibodies. Despite eliminating fourteen full-time positions, Invivyd remains positive about its 2024 revenue projections.