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Vir Biotechnology, Inc. - $VIR STOCK NEWS

Welcome to our dedicated page for Vir Biotechnology news (Ticker: $VIR), a resource for investors and traders seeking the latest updates and insights on Vir Biotechnology stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Vir Biotechnology's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Vir Biotechnology's position in the market.

Rhea-AI Summary

Vir Biotechnology provided a corporate update and reported financial results for the first quarter of 2024. They announced the acceptance of late-breaker SOLSTICE data abstract for poster presentation at the EASL Congress 2024, with two additional hepatitis program data readouts on track for the fourth quarter. The company had $1.51 billion in cash, cash equivalents, and investments as of March 31, 2024. Key pipeline programs include Chronic Hepatitis Delta and Chronic Hepatitis B, with abstracts accepted for poster presentation at the EASL Congress 2024. Additionally, the Company is advancing next-generation antibodies using its proprietary platform and expects to file multiple investigational new drug applications within the next 18 months.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
13.18%
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Rhea-AI Summary

Vir Biotechnology, Inc. (Nasdaq: VIR) CEO Marianne De Backer will participate in a fireside chat at the BofA Securities Healthcare Conference 2024 on May 14. The event will be live webcasted and archived on the Vir website.

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Rhea-AI Sentiment
End-of-Day
3.31%
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conferences
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Rhea-AI Summary
Vir Biotechnology nominates Norbert Bischofberger, Ph.D. and Ramy Farid, Ph.D. to its Board of Directors, showcasing commitment to ongoing Board refreshment. The new directors bring extensive clinical development and computational expertise, with Dr. Bischofberger having overseen the approval of over 25 medicines and Dr. Farid leading advanced computational methods for therapy development.
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-3.52%
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management
Rhea-AI Summary
Vir Biotechnology, Inc. (VIR) will announce its first-quarter financial results on May 2, 2024, followed by a conference call. The update will be available on their website. Investors can join the call via webcast or phone.
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-2.92%
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Rhea-AI Summary
Lineage Cell Therapeutics, Inc. appoints Dr. Charlotte Hubbert as Vice President of Corporate Development, bringing extensive experience in cell therapy research and venture investment. Dr. Hubbert's background includes leadership roles at Gates Foundation Venture Capital and NanoString Technologies.
Rhea-AI Impact
Rhea-AI Sentiment
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-1.35%
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management
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Rhea-AI Summary
Vir Biotechnology (VIR) completes enrollment in Phase 2 SOLSTICE trial for chronic hepatitis delta treatment ahead of schedule. Initial data expected in Q2 2024. Approximately 50% of participants have compensated cirrhosis.
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-2.77%
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Rhea-AI Summary
Vir Biotechnology, Inc. (VIR) will be participating in key investor conferences in March, with Marianne De Backer, CEO, engaging in fireside chats and one-on-one meetings. The events aim to enhance investor relations and showcase the company's progress.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
11.94%
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conferences
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Rhea-AI Summary
Vir Biotechnology, Inc. provided a corporate update and financial results for Q4 and full year 2023. The Phase 2 SOLSTICE trial in chronic hepatitis delta participants showed promising results with 100% achieving HDV RNA less than LLQ. The Phase 2 MARCH Part B data for chronic hepatitis B demonstrated positive outcomes. Vir has $1.63 billion in cash, cash equivalents, and investments as of December 31, 2023.
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Rhea-AI Sentiment
End-of-Day
11.94%
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Rhea-AI Summary
Vir Biotechnology, Inc. (Nasdaq: VIR) announced the departure of Chief Medical Officer Dr. Phil Pang in March 2024 to focus on family. The company is searching for a successor. Dr. Pang's contributions to the development of sotrovimab during the COVID-19 pandemic are highlighted. Vir's CEO praised his work in infectious diseases and team building for global health needs.
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End-of-Day
-1.17%
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none
Rhea-AI Summary
Vir Biotechnology, Inc. (Nasdaq: VIR) will release its fourth-quarter financial results on February 22, 2024, and host a conference call to discuss the corporate update. The press release and webcast will be accessible on the company's website. A recorded version of the call will be available for 30 days.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.93%
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Vir Biotechnology, Inc.

Nasdaq:VIR

VIR Rankings

VIR Stock Data

1.35B
88.97M
14.23%
76.27%
3.67%
Research and Development in Biotechnology
Professional, Scientific, and Technical Services
Link
United States of America
SAN FRANCISCO

About VIR

vir brings together cutting-edge innovations with leading scientific expertise and management to take on some of the world’s most challenging infectious diseases for which solutions are non-existent or inadequate. vir seeks to take a new approach, using breakthroughs in immune programming to manipulate pathogen-host interactions. the company will take a multi-program, multi-platform approach to applying these breakthroughs, guided by rigorous science and driven by medical need.