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.
Vir Biotechnology, Inc. (VIR) pioneers immunology solutions targeting complex infectious diseases through innovative platforms including antibody therapies, T cell engineering, and siRNA technology. This dedicated news hub provides investors and industry stakeholders with timely updates on clinical developments, strategic partnerships, and regulatory milestones.
Access authoritative updates on VIR's research pipeline, financial performance announcements, and scientific breakthroughs in infectious disease management. Our curated collection ensures transparent access to press releases spanning clinical trial progress, collaborative initiatives, and patent filings.
Key updates include advancements in hepatitis B/HIV therapies, influenza A research, and platform technology licensing agreements. Bookmark this page to efficiently monitor VIR's contributions to biotechnology and its evolving position in global health innovation.
Vir Biotechnology reported significant financial results for Q1 2022, with $1.2 billion in collaboration revenue driven by sotrovimab distribution. The company's cash reserves exceeded $2.5 billion, ensuring adequate funding for upcoming clinical trials targeting COVID-19, hepatitis B, hepatitis D, and influenza. Encouraging initial data from the MARCH trial suggests promising efficacy of VIR-2218 and VIR-3434 in treating hepatitis B. However, the FDA de-authorized sotrovimab's use in the U.S. due to the Omicron BA.2 variant's prevalence.
Vir Biotechnology announced a virtual R&D Day focusing on its hepatitis B and D pipeline, scheduled for April 27, 2022, at 12:00 pm ET. The company will present initial data from the MARCH trial for treatment combinations of VIR-2218 and VIR-3434, reporting no drug-related safety signals. Additionally, a new program for chronic hepatitis D will be introduced. Key milestones for 2022 include further data on various trials for hepatitis B treatments. The company emphasizes a strong commitment to addressing the urgent public health challenges posed by chronic hepatitis B and D.
Vir Biotechnology, Inc. (Nasdaq: VIR) will provide a corporate update and report its financial results for Q1 2022 on May 5, 2022, after market close. Investors can access the results via a press release on the Vir website. The company focuses on immunologic therapies against infectious diseases, utilizing advanced technologies to boost the immune response. Its product pipeline includes candidates for COVID-19, hepatitis B, influenza A, and HIV.
Vir Biotechnology, Inc. (Nasdaq: VIR) will host a virtual Hepatitis Portfolio R&D Day on April 27, 2022, from 12:00 – 2:00 p.m. ET. The event aims to showcase the company's hepatitis pipeline and clinical advancements for 2022. Key presentations will be made by senior leaders, including George Scangos, Phil Pang, and Carey Hwang, along with a hepatitis treatment overview by Dr. Jordan Feld. Participants can register and access a live webcast on Vir's website, which will be available for 30 days post-event.
Vir Biotechnology, Inc. (Nasdaq: VIR) announced that its scientists won the Pediatric COVID-19 Data Challenge, organized by BARDA and HHS. They developed a machine learning model to identify severe outcomes in pediatric COVID-19 patients using a dataset from over 116,000 pediatric outpatients. The award included a $200,000 prize, showcasing Vir’s commitment to leveraging AI for healthcare improvements. CEO George Scangos highlighted the significance of this achievement in enhancing patient care and pandemic preparedness.
Vir Biotechnology, Inc. (Nasdaq: VIR) will participate in a fireside chat at the 21st Annual Needham Healthcare Conference on April 11, 2022, at 11:00 a.m. ET. The conference will be held virtually, and investors can access a live webcast of the discussion on the Vir website under the Events & Presentations section. The recording will be available for 30 days. Vir Biotechnology focuses on leveraging immunologic insights and technology to combat serious infectious diseases, with a development pipeline that includes COVID-19, hepatitis B virus, influenza A, and HIV.
Vir Biotechnology and GlaxoSmithKline announced that the FDA amended the Emergency Use Authorization for sotrovimab, indicating its 500 mg dose is unlikely to work against the Omicron BA.2 variant. The companies are preparing data to support a higher dose and will engage with global health authorities. The FDA's update excludes sotrovimab in areas where infections are likely due to non-susceptible variants. Sotrovimab remains authorized in various countries, but its usage is limited based on variant susceptibility and hospitalizations related to COVID-19.
Vir Biotechnology will participate in a panel discussion on infectious diseases at the 42nd Annual Cowen Healthcare Conference on March 9, 2022, at 10:30 a.m. ET. The event will be held virtually, and a live webcast can be accessed through the Investors section of the Vir website, where it will also be archived for 30 days.
Vir Biotechnology focuses on developing treatments for serious infectious diseases using innovative immunologic technologies. Its pipeline includes candidates for COVID-19, hepatitis B, influenza A, and HIV.
Vir Biotechnology reported transformative advancements in its fourth quarter and full-year 2021 results, revealing a substantial collaboration revenue of $917.2 million from the sale of sotrovimab, with 1.7 million doses sold globally to date. The company anticipates an additional $1.1 billion in revenue from contracts for upcoming deliveries in early 2022. Efforts for various ongoing trials regarding hepatitis B, HIV, and flu treatments are also highlighted, alongside a strong cash position of approximately $909.5 million, providing flexibility for future investments.
Vir Biotechnology, Inc. (Nasdaq: VIR) will provide a corporate update and report its financial results for Q4 and full year 2021 on February 24, 2022. The update will include insights into the company’s performance and is expected to be accessible on its website post-market close. Vir specializes in immunology, focusing on serious infectious diseases, using four technology platforms designed to enhance the immune system. Its pipeline includes candidates targeting COVID-19 and other infectious diseases.
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