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Invivyd and Collaborators Author New Manuscript Evaluating Early Tolerability of COVID Monoclonal Antibody and Comparing Results to COVID Vaccination

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Invivyd (Nasdaq: IVVD) reported new analysis of early systemic side effects comparing COVID-19 monoclonal antibody adintrevimab with mRNA and protein vaccines. In the EVADE trial, Grade 2/3 systemic adverse events in the first seven days were 2% for monoclonal antibody versus 1% for placebo, compared with 91.6% for mRNA and 83.6% for protein vaccine in Sanofi’s COMPARE study. The MedRxiv preprint also models total symptom days from both reactogenicity and breakthrough infections. Invivyd plans the LIBERTY head-to-head trial evaluating systemic symptoms after mRNA vaccination versus low-dose VYD2311.

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AI-generated analysis. Not financial advice.

Positive

  • Monoclonal antibody Grade 2/3 systemic AEs 2% vs 1% placebo in 7 days
  • mRNA and protein vaccine Grade 2/3 systemic AEs 91.6% and 83.6% in 7 days
  • Preprint provides epidemiologic model of total symptom days from immunization
  • LIBERTY head-to-head trial planned for VYD2311 vs mRNA vaccine systemic symptoms
  • Adintrevimab identified as parent antibody to pemivibart and VYD2311

Negative

  • EVADE tolerability findings based on post-hoc re-analysis
  • Cross-trial comparison between COMPARE and EVADE limited by methodological differences
  • LIBERTY study only anticipated; enrollment has not yet begun per announcement
  • Current manuscript shared as MedRxiv preprint, not yet peer-reviewed

Key Figures

mRNA systemic AEs: 91.6% Protein systemic AEs: 83.6% mRNA symptom duration: 3.5 days +4 more
7 metrics
mRNA systemic AEs 91.6% COMPARE Phase 4 trial, Grade 2/3 systemic AEs in first 7 days
Protein systemic AEs 83.6% COMPARE Phase 4 trial, Grade 2/3 systemic AEs in first 7 days
mRNA symptom duration 3.5 days COMPARE trial, mean duration of systemic symptoms after mRNA vaccine
Protein symptom duration 3.1 days COMPARE trial, mean duration of systemic symptoms after protein vaccine
mAb systemic AEs 2% EVADE trial, Grade 2/3 systemic AEs in first 7 days for adintrevimab
Placebo systemic AEs 1% EVADE trial, Grade 2/3 systemic AEs in first 7 days for placebo
Assessment window 7 days Post-immunization period for systemic AE comparison in COMPARE and EVADE

Market Reality Check

Price: $1.5000 Vol: Volume 1,460,492 is below...
normal vol
$1.5000 Last Close
Volume Volume 1,460,492 is below 20-day average of 1,754,151 (relative 0.83x). normal
Technical Trading below 200-day MA of 1.65 with price at 1.50.

Peers on Argus

IVVD is up 4.9% while close peers show mixed moves (e.g., CADL +5.97%, NMRA -7.1...

IVVD is up 4.9% while close peers show mixed moves (e.g., CADL +5.97%, NMRA -7.11%), indicating a stock-specific reaction rather than a broad biotech move.

Previous Covid-19 Reports

5 past events · Latest: Feb 24 (Positive)
Same Type Pattern 5 events
Date Event Sentiment Move Catalyst
Feb 24 Protection publication Positive +5.0% Peer-reviewed model linking mAb levels to symptomatic COVID-19 protection.
Oct 06 IND clearance Positive +22.4% U.S. IND clearance and FDA alignment on pivotal VYD2311 program.
Aug 14 BLA pathway Positive -11.5% FDA alignment on streamlined BLA path for VYD2311 COVID prevention.
Jul 23 Long COVID study Positive +5.3% Expert joins SPEAR group studying mAbs for Long COVID and PVS.
Jul 21 Guideline update Positive +3.0% NCCN guidelines recommend COVID-19 preventive monoclonal antibodies in cancer.
Pattern Detected

COVID-19–tagged news has often led to positive moves for IVVD, with four prior COVID updates showing gains and one notable selloff on otherwise constructive regulatory alignment.

Recent Company History

Recent COVID-19 news for Invivyd has centered on VYD2311’s regulatory and clinical pathway and broader monoclonal antibody positioning. Prior updates included FDA alignment on a streamlined BLA path and IND clearance for VYD2311, guideline support for COVID mAbs, and publication of a correlate-of-protection model. These events typically produced positive single- to double-digit moves. Today’s manuscript on reactogenicity and upcoming LIBERTY tolerability work extends this story of positioning VYD2311 as a vaccine alternative with differentiated safety.

Historical Comparison

+4.8% avg move · Past COVID-19 news for IVVD moved the stock an average of 4.82%. Today’s 4.9% gain on new tolerabili...
covid-19
+4.8%
Average Historical Move covid-19

Past COVID-19 news for IVVD moved the stock an average of 4.82%. Today’s 4.9% gain on new tolerability data fits well within that historical pattern.

COVID-19 news shows a progression from guideline support and expert collaborations to FDA alignment on VYD2311’s pivotal program and now detailed tolerability comparisons versus vaccines.

Regulatory & Risk Context

Active S-3 Shelf
Shelf Active
Active S-3 Shelf Registration 2025-10-02

Invivyd has an active Form S-3 shelf filed on 2025-10-02, effective through 2028-10-02, covering PEMGARDA and VYD2311 and already used via multiple 424B5 takedowns. This provides flexibility to raise additional capital, which can impact existing shareholders through further issuance.

Market Pulse Summary

This announcement highlights new analyses showing substantially lower early systemic side effects fo...
Analysis

This announcement highlights new analyses showing substantially lower early systemic side effects for COVID-19 monoclonal antibody adintrevimab versus mRNA and protein vaccines, using comparable seven-day reactogenicity windows and rates such as 91.6% vs 2% systemic AEs. It also points to the planned LIBERTY head-to-head study of VYD2311 against mRNA vaccination. In context of prior COVID-19 publications and FDA alignment on VYD2311’s pivotal program, investors may watch upcoming controlled LIBERTY data and broader execution on the clinical strategy.

Key Terms

monoclonal antibody, mRNA vaccine, Phase 4, Phase 2/3, +3 more
7 terms
monoclonal antibody medical
"low-dose investigational monoclonal antibody adintrevimab from the EVADE study"
A monoclonal antibody is a laboratory-made protein designed to recognize and attach to a specific target in the body, such as a disease-causing substance or cell. It functions like a highly precise lock-and-key tool, helping to treat or detect illnesses. For investors, companies developing monoclonal antibodies can represent promising opportunities in the healthcare sector, especially as these treatments often address unmet medical needs.
mRNA vaccine medical
"head-to-head study comparing safety and tolerability between VYD2311 and mRNA vaccine"
A mRNA vaccine delivers tiny pieces of genetic instructions (messenger RNA) into a person’s cells so those cells briefly make a harmless piece of a virus—like showing the immune system a photo—so it can learn to recognize and fight the real thing. Investors care because mRNA is a fast, adaptable development platform that can shorten timelines and scale manufacturing, offering potential for repeat business and partnerships, but it also carries clinical, regulatory and market risks.
Phase 4 medical
"Sanofi presented results from its COMPARE Phase 4 study"
Phase 4 is the stage after a drug or vaccine has been approved and is sold to the public, where regulators and companies keep watching how it performs in the real world to detect rare side effects, long‑term effects, or differences in effectiveness across different groups. Think of it as ongoing quality control for a product already on shelves; results can prompt label changes, safety warnings, sales impacts or recalls, all of which matter to investors evaluating risk and future revenue.
Phase 2/3 medical
"EVADE trial, a Phase 2/3 double-blind, randomized, placebo-controlled study of adintrevimab"
A phase 2/3 trial is a combined clinical study that first evaluates how well a treatment works and the best dose, then expands into a larger test to confirm those results and safety. For investors, it matters because moving into a phase 2/3 signals that an experimental therapy has shown initial promise and will be tested at scale, which can materially change the odds and timeline for regulatory approval and commercial potential.
double-blind medical
"EVADE trial, a Phase 2/3 double-blind, randomized, placebo-controlled study"
A double-blind process means that neither the people conducting an activity nor the people involved know certain key details, such as who is receiving a treatment or a placebo. This approach helps prevent bias from influencing the results, making the outcome more trustworthy. For investors, it ensures that decisions or judgments are based on unbiased information rather than preconceived opinions or expectations.
placebo-controlled medical
"Phase 2/3 double-blind, randomized, placebo-controlled study of adintrevimab"
"Placebo-controlled" describes a testing method where one group receives the actual treatment or intervention, while another group receives a harmless, inactive version called a placebo. This approach helps determine whether the real treatment has genuine effects beyond psychological expectations. For investors, understanding this ensures confidence that reported benefits are real and not influenced by bias or false perceptions.
reactogenicity medical
"regarding COVID monoclonal antibody and vaccine systemic reactogenicity"
Reactogenicity is the tendency of a drug or vaccine to produce short-term, physical reactions—like soreness at the injection site, fever, or fatigue—that reflect the body’s immediate response to the product. Investors care because higher or unexpected reactogenicity can influence regulatory reviews, public acceptance, prescription and vaccination rates, and therefore sales forecasts and company valuation, much like how customer reviews shape demand for a consumer product.

AI-generated analysis. Not financial advice.

  • Invivyd authors evaluated early side effects of prior low-dose investigational monoclonal antibody adintrevimab from the EVADE study, demonstrating minimal tolerability issues
  • Results allow for comparison to contemporary COVID-19 mRNA and protein vaccine tolerability, as well as epidemiologic extrapolation of systemic symptom days experienced via each approach
  • Upcoming LIBERTY trial head-to-head study comparing safety and tolerability between VYD2311 and mRNA vaccine will build on these results in a rigorous, prospective fashion

NEW HAVEN, Conn., May 11, 2026 (GLOBE NEWSWIRE) -- Invivyd, Inc. (Nasdaq: IVVD) today announced that a preprint of original research regarding COVID monoclonal antibody and vaccine systemic reactogenicity is now available on MedRxiv and is titled “Safety first: should the high tolerability of intramuscular anti-spike COVID-19 monoclonal antibody change our expectations of vaccine safety?” Linked here.

On April 18, 2026, at the European Society of Clinical Microbiology and Infectious Diseases (ESCMID) in Munich, Germany, Sanofi presented results from its COMPARE Phase 4 study, which characterized early systemic side effects of protein-based COVID-19 vaccine in comparison to mRNA-based COVID-19 vaccine. The results showed a statistically significant advantage in favor of protein-based vaccine in reactogenicity, defined as Grade 2/3 side effects occurring within seven days of vaccination, with protein vaccine resulting in a probability of experiencing at least one systemic reaction at 83.6% versus mRNA vaccine at 91.6%, with symptoms lasting 3.1 and 3.5 days, respectively.

Invivyd previously conducted the EVADE trial, a Phase 2/3 double-blind, randomized, placebo-controlled study of adintrevimab, a low-dose investigational monoclonal antibody for the prevention of COVID-19 that is the parent antibody to pemivibart and VYD2311. In new research announced today, safety and tolerability data from adintrevimab in EVADE were re-analyzed post-hoc to assess comparable systemic adverse events (AEs) within the same seven days post-dosing evaluated in COMPARE.

While limited by cross-trial comparison and methodologic differences, the data demonstrate a large gap in early tolerability between vaccine and monoclonal antibody COVID immunizations:

 COMPARE Trial EVADE Trial
COVID ImmunizationmRNA vaccineProtein vaccine Monoclonal AntibodyPlacebo
% Grade 2/3 systemic AEs in first 7 days91.6%83.6%2%1%


These results allow for epidemiologic extrapolation and calculation of the total symptom days immunization subjects would undergo under different combinations of immunization efficacy and COVID-19 community attack rate (Figure 1 of the new manuscript). Calculating total symptom days that include both vaccine symptomatic reactogenicity as well as the burden of symptomatic disease from breakthrough infection demonstrates the net symptomatic burden experienced by immunized subjects. Such analysis directly highlights the public health challenge of encouraging the public to stay well via vaccination by asking the public to feel sick via vaccination.

Dr. Michael Mina, Chief Medical Officer of Invivyd and senior author on the manuscript commented, “Our re-evaluation of the EVADE data for adintrevimab, a low-dose investigational monoclonal antibody highly similar to VYD2311, allows us to compare antibody versus vaccine immunization approaches on a metric that has contributed to meaningful reduction in COVID-19 vaccine utilization: the degree to which people feel sick after immunization. As we would expect from a monoclonal antibody that doesn’t engage the immune system, adintrevimab presents a minimal overall symptomatic burden and a de minimis difference from placebo. In this comparison, the difference between low-dose antibody and COVID vaccine is night and day. Further, the COMPARE study of two vaccine approaches highlights the challenge of trying to convince a population to protect itself from symptomatic COVID-19 when the protective vaccine itself gives most immunized subjects 3 to 3.5 days feeling of being sick, in return for apparent modest, short-term protection from being sick from COVID-19.”  

“Vulnerable populations deserve next-generation tools to protect themselves from ubiquitous pathogens like SARS-CoV-2 with the least possible burden. Invivyd’s goal is to provide optimal protection for as many people as possible, and that starts with safety and tolerability. We are executing our pivotal program as rapidly as possible and hope that data, especially anticipated controlled data from our upcoming LIBERTY study, provide policy makers and regulators, and then, if approved, healthcare professionals and Americans, with the conviction to move forward into a new era of protection from COVID,” said Marc Elia, Chairman of Invivyd’s Board of Directors.

Invivyd anticipates near-term start of the LIBERTY study, which will evaluate mRNA vaccination and low-dose investigational monoclonal antibody candidate VYD2311 on systemic symptoms in a head-to-head single controlled study.

About Invivyd 

Invivyd, Inc. (Nasdaq: IVVD) is a biopharmaceutical company devoted to delivering protection from serious viral infectious diseases, beginning with SARS-CoV-2. Invivyd deploys a proprietary integrated technology platform unique in the industry designed to assess, monitor, develop, and adapt to create best in class antibodies. In March 2024, Invivyd received emergency use authorization (EUA) from the U.S. FDA for a monoclonal antibody (mAb) in its pipeline of innovative antibody candidates. Visit https://invivyd.com/ to learn more.

About VYD2311

VYD2311 is a novel monoclonal antibody (mAb) candidate being developed for COVID-19 to continue to address the urgent need for new prophylactic and therapeutic options. The pharmacokinetic profile and antiviral potency of VYD2311 may offer the ability to deliver clinically meaningful titer levels through more patient-friendly means such as an intramuscular route of administration.

VYD2311 was engineered using Invivyd’s proprietary integrated technology platform and is the product of serial molecular evolution designed to generate an antibody optimized for neutralizing contemporary virus lineages. VYD2311 leverages the same antibody backbone as pemivibart, Invivyd’s investigational mAb granted emergency use authorization in the U.S. for the pre-exposure prophylaxis (PrEP) of symptomatic COVID-19 in certain immunocompromised patients, and adintrevimab, Invivyd’s investigational mAb that has a robust safety data package and demonstrated clinically meaningful results in global Phase 2/3 clinical trials for the prevention and treatment of COVID-19.

About LIBERTY

LIBERTY is a Phase 3, randomized, double-blind study to evaluate the safety, serum virus neutralizing antibody responses, and pharmacokinetics of VYD2311, an mRNA COVID vaccine, and co-administered VYD2311 with an mRNA COVID vaccine. Total enrollment of the trial is expected to be about 210 participants.

Trademarks are the property of their respective owners.

Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “anticipates,” “believes,” “could,” “expects,” “estimates,” “intends,” “plans,” “potential,” “predicts,” “projects,” “future,” and “target” or similar expressions (as well as other words or expressions referencing future events, conditions or circumstances) are intended to identify forward-looking statements. Forward-looking statements include statements concerning, among other things, beliefs regarding the potential advantages of monoclonal antibody immunization versus vaccine immunization; predictions based on epidemiologic extrapolation of systemic symptom days experienced post-dosing between vaccine and monoclonal antibody approaches to COVID immunization; the potential of next-generation tools to offer protection from pathogens like SARS-CoV-2 with the least possible burden, and the company’s goal to provide optimal protection for as many people as possible; plans related to the company’s research and development activities; expectations regarding the company’s pivotal program, including the company’s clinical trial designs, and the expected timing and results thereof; the potential of VYD2311 as a novel mAb candidate that may be able to deliver clinically meaningful titer levels through more patient-friendly means; expectations regarding the COVID landscape; the company’s devotion to delivering protection from serious viral infectious diseases, beginning with SARS-CoV-2; and other statements that are not historical fact. The company may not actually achieve the plans, intentions, or expectations disclosed in the company’s forward-looking statements and you should not place undue reliance on the company’s forward-looking statements. These forward-looking statements involve risks and uncertainties that could cause the company’s actual results to differ materially from the results described in or implied by the forward-looking statements, including, without limitation: the timing, progress, and results of the company’s discovery, preclinical, and clinical development activities; clinical trial site activation, enrollment, and event accumulation rates; unexpected safety or efficacy data observed during preclinical studies or clinical trials; the risk that results of nonclinical studies or clinical trials may not be predictive of future results, and interim data are subject to further analysis; how long the EUA granted by the U.S. FDA for pemivibart will remain in effect and whether such EUA is revised or revoked by the U.S. FDA; the ability to maintain a continued acceptable safety, tolerability, and efficacy profile of any product candidate following regulatory authorization or approval; changes in expected or existing competition; changes in the regulatory environment; the outcome of the company’s engagement with regulators; uncertainties related to the regulatory authorization or approval process, and available development and regulatory pathways; the company’s ability to generate the data needed to support a potential Biologics License Application submission for VYD2311; potential variability in neutralizing activity of product candidates tested in different assays, such as pseudovirus assays and authentic assays; variability of results in models and methods used to predict activity against SARS-CoV-2 variants; whether the epitopes that pemivibart and VYD2311 target remain structurally intact and the company’s product candidates are able to demonstrate and sustain neutralizing activity against major SARS-CoV-2 variants, particularly in the face of viral evolution; the risk that a lack of awareness of mAb therapies and regulatory scrutiny of mAb therapies to prevent or treat COVID-19 or other infectious diseases may adversely impact the development or commercial success of the company’s product candidates; the company’s reliance on third parties; macroeconomic and political uncertainties; and whether the company has adequate funding to meet future operating expenses and capital expenditure requirements. Other factors that may cause the company’s actual results to differ materially from those expressed or implied in the forward-looking statements in this press release are described under the heading “Risk Factors” in the company’s Annual Report on Form 10-K for the year ended December 31, 2025, filed with the Securities and Exchange Commission (SEC), and in the company’s other filings with the SEC, and in its future reports to be filed with the SEC and available at www.sec.gov. Forward-looking statements contained in this press release are made as of this date, and Invivyd undertakes no duty to update such information whether as a result of new information, future events or otherwise, except as required under applicable law.

This press release contains hyperlinks to information that is not deemed to be incorporated by reference in this press release.

Contacts:

Media Relations
(781) 208-0160
media@invivyd.com

Investor Relations
(781) 208-1747
investors@invivyd.com


FAQ

What COVID-19 tolerability findings did Invivyd (NASDAQ: IVVD) announce on May 11, 2026?

Invivyd reported a new MedRxiv preprint analyzing early systemic side effects of COVID-19 monoclonal antibody and vaccines. According to Invivyd, re-analysis of the EVADE trial compared adintrevimab tolerability with mRNA and protein vaccines using comparable seven-day systemic adverse event metrics.

How does adintrevimab tolerability in Invivyd's EVADE trial compare with COVID-19 mRNA and protein vaccines?

Adintrevimab showed 2% Grade 2/3 systemic adverse events in seven days, versus 1% for placebo. According to Invivyd, Sanofi’s COMPARE trial reported 91.6% for mRNA vaccine and 83.6% for protein vaccine, both over the same seven-day post-immunization period.

What is Invivyd's planned LIBERTY trial and how does it involve VYD2311 and mRNA vaccines?

LIBERTY is an upcoming controlled study comparing systemic symptoms after mRNA vaccination and low-dose VYD2311. According to Invivyd, the head-to-head trial will prospectively evaluate safety and tolerability, building on the EVADE monoclonal antibody data and COMPARE vaccine reactogenicity findings.

Where can investors find Invivyd's new COVID-19 monoclonal antibody tolerability manuscript and what is its title?

The new research manuscript is available as a preprint on MedRxiv. According to Invivyd, it is titled “Safety first: should the high tolerability of intramuscular anti-spike COVID-19 monoclonal antibody change our expectations of vaccine safety?” and focuses on systemic reactogenicity.

What symptom-day analysis does Invivyd present for COVID-19 immunization strategies in the new IVVD manuscript?

The manuscript models total symptom days combining vaccine reactogenicity and symptomatic breakthrough COVID-19. According to Invivyd, this epidemiologic extrapolation estimates net symptomatic burden under different immunization efficacy and community attack-rate scenarios, highlighting trade-offs between feeling ill from vaccination and illness from infection.