Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐
On July 27, 2026, the Veraxa Biotech AG (the “Company”)
issued a press release announcing announced the advancement of bispecific antibody drug conjugate (bsADC) program VXA-222.
A copy of the press release is attached
hereto as Exhibit 99.1 and is incorporated herein by reference.
Pursuant to the requirements of the Securities
Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto
duly authorized.
Exhibit 99.1

Press Release

VERAXA
Biotech Announces Advancement of Novel Bispecific Antibody
Drug Conjugate Program VXA-222 from Joint Discovery Collaboration with
OmniAb
VXA-222
advances into next phase at VERAXA
ZURICH,
SWITZERLAND, July 27, 2026 – VERAXA
Biotech AG (NASDAQ:
VRXA; “VERAXA”
or the “Company”), an emerging
leader in designing
novel cancer therapies,
today announced the advancement of bispecific
ADC (bsADC)
program VXA-222, following
successful achievement of a key technical milestone
in its alliance with OmniAb,
Inc. (NASDAQ: OABI,
“OmniAb”). The program is moving
into its next collaboration phase with OmniAb’s
discovery work successfully concluded.
VXA-222 utilizes an “AND-gate”
logic to address two different target antigens present on solid tumors
with one molecule. Established
in May 2025, the alliance and joint
discovery collaboration brought together
OmniAb’s cutting-edge suite of transgenic antibody discovery
solutions and screening technologies with VERAXA’s
proprietary antibody drug conjugate (ADC) linker technology and conjugation expertise
to support next-generation therapeutic discovery.
“We
are pleased to announce this important achievement
and the advancement of this program from our alliance with
OmniAb for
the development of a novel AND-gated
bsADC utilizing our conjugation and linker technology,”
commented Christoph Erkel, Ph.D.,
Chief Scientific Officer of VERAXA. “This
successful partnership has united two highly complementary
technologies to establish a new therapeutic
candidate in VXA-222, representing a powerful
opportunity for a best-in-class
bispecific ADC to address
solid tumor indications with high unmet
medical need. We
look forward to advancing this program
and acknowledge OmniAb’s
partnership and contributions in delivering
a diverse set of highly promising antibodies.”
Under
the terms of the May 2025 agreement,
VERAXA initiated a novel
bsADC program addressing
two attractive target molecules in cancer medicine.
The Company utilized OmniAb’s
suite of transgenic antibody discovery solutions,
including OmniClic™, a common
light-chain transgenic chicken developed to
facilitate the generation of bispecific antibodies,
to source high-quality human antibody leads,
which are naturally optimized through in
vivo affinity maturation. VERAXA will
subsequently establish the bsADC
lead candidate by applying its proprietary linker technology
and conjugation routine and will be responsible for in vitro and in vivo
validation. VERAXA holds exclusive rights
to develop and commercialize products incorporating
the OmniAb-derived antibodies under
the collaboration, with OmniAb
entitled to a share of specified revenue generated from those products.
“We’re
delighted to see this bispecific
ADC program cross this important
threshold,” said Bill Harriman, Ph.D.,
Senior Vice President of Discovery Partnership Management
and Technology Development and Operations
at OmniAb. “Continuation of the discovery
phase at VERAXA underscores the productive
collaboration and alliance between our scientific
and business teams, and highlights the complementary
strengths of OmniAb’s technologies and VERAXA’s
expertise in ADC conjugation
and development. We
look forward to seeing
our partners at VERAXA advance this exciting
program.”
VERAXA Biotech AG / Talacker 35 / CH-8001 Zürich
VERAXA Biotech GmbH / Im Neuenheimer Feld 584 / 69120 Heidelberg
About
VERAXA Biotech AG (NASDAQ: VRXA)
At
VERAXA, we
are building a premier engine
for the discovery and development
of next-generation antibody-based
therapeutics, including bispecific T cell engagers,
bispecific ADCs and other
innovative formats. Powered
by a suite of transformative
technologies and guided
by rigorous quality-by-design
principles, we are rapidly advancing our pipeline
of ADCs and proprietary BiTAC
formats into clinical development
and beyond. VERAXA was
founded on scientific breakthroughs
made at the European Molecular
Biology Laboratory (EMBL), a world-renowned
institution known for pioneering life science
research and cutting-edge technology.
For
regular updates about VERAXA
Biotech, visit https://investors.veraxa.com/
or follow us on LinkedIn, X (formerly
known as Twitter)
and Bluesky.
BiTAC®
is a registered trademark of VERAXA Biotech
GmbH.
About
OmniAb®
OmniAb
licenses cutting-edge
discovery research technology to pharmaceutical and biotech companies
and academic institutions to enable the discovery of next-generation
therapeutics. OmniAb’s technology
platform creates and screens diverse antibody repertoires and is designed to quickly identify
optimal antibodies and other target-binding
proteins for its partners’ drug development
efforts. At the heart of the OmniAb platform
is what it calls Biological Intelligence™,
which powers the immune
systems of our proprietary, engineered transgenic animals
to create optimized antibody candidates for
human therapeutics. OmniAb
believes that animals comprise
the most diverse host systems available in
the industry. OmniAb’s suite of technologies
and methods, including computational antigen
design and immunization methods,
paired with high-throughput single
B-cell phenotypic screening and mining of next-generation
sequencing datasets with custom algorithms,
are used to identify
fully-human
antibodies with exceptional performance
and developability characteristics. OmniAb
provides its partners both integrated
end-to-end capabilities and highly customizable offerings, which
address critical industry challenges and provide
optimized discovery
solutions.
For
more information, please visit www.omniab.com.
VERAXA Biotech AG / Talacker 35 / CH-8001 Zürich
VERAXA Biotech GmbH / Im Neuenheimer Feld 584 / 69120 Heidelberg
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Forward-looking
Statements
This
press release may contain “forward-looking
statements” within the meaning of the
Private Securities Litigation Reform Act of 1995. All statements
that address activities, events, or developments
that VERAXA Biotech
AG (the “Company”) intends,
expects, plans, projects, believes, or anticipates
will or may occur in the future are forward-looking
statements, including the advancement
of the Company’s collaborative development
program with OmniAb,
its anticipated pipeline development
focus, its ability to monetize its pipeline
assets, the timing for development
of its pipeline candidates, the potential
therapeutic benefits
of its pipeline candidates and the ability
of the company to partner its pipeline assets.
Such forward-looking statements
are based on current expectations and involve inherent risks and uncertainties,
including factors that could delay, divert or change any of them,
and could cause actual outcomes and results to differ materially
from current expectations. No forward-looking
statement can be guaranteed. Forward-looking
statements contained in this press release should
be evaluated together with
the many uncertainties that affect the Company’s
business, particularly those identified in
the risk factors section of the Company’s
most recent Annual Report on Form 20-F and
any subsequent reports on Form 6-K. These documents
are available from the Securities and Exchange
Commission, the Company website
or from Company Investor Relations.
In
addition, any
information
contained in this
press release was current
as of the date
presented and
should not be relied upon as representing our estimates as of any subsequent
date. While we may elect to update forward-looking
statements at some point in
the future, we specifically
disclaim any obligation to do so, even if our estimates change,
whether
as a result of new information, future events
or otherwise. Consequently,
the company will not update the information
contained in this press release and investors should not rely upon the information
as current or accurate after the presentation date.
Contact
VERAXA Biotech AG – Corporate
Christoph Antz, Ph.D.
Chief Executive Officer, Co-Founder
investors@veraxa.com
For Media and Investors
– U.S.
Brandon Weiner
ICR Healthcare
VERAXA@icrhealthcare.com
For Media and Investors
– EU
Mario Brkulj
investors@veraxa.com
VERAXA Biotech AG / Talacker 35 / CH-8001 Zürich
VERAXA Biotech GmbH / Im Neuenheimer Feld 584 / 69120 Heidelberg
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