Evaxion's 2026 Strategy Includes Expanding AI-Immunology
The company said, "Based on the strengthening of Evaxion during 2025 we continue the execution of our strategy of creating value from both our platform and R&D pipeline assets through partnerships. This is reflected in our milestones for 2026 covering both the continued expansion of AI-Immunology and the progression of our R&D pipeline programs as outlined below. Leveraging the unique scalability of AI-Immunology, we will expand the platform to also enable the discovery and development of drug candidates targeting autoimmune diseases. This will increase the pool of diseases for which we can potentially discover and develop new treatments. AIDs are characterized by high unmet medical need and offer significant partnership potential across all stages of drug development. Currently, we are optimizing the indication strategy for development of AI-Immunology in the autoimmune space for use in the second half of 2026. In oncology, we will continue to strengthen the data package for EVX-01, our personalized cancer vaccine in advanced melanoma, with additional biomarker and immunogenicity findings as well as three-year clinical results from the extension of the phase 2 trial. We plan to present both datasets at key medical conferences during the year. Progressing our cancer vaccine pipeline also includes the preparation for a phase 1 trial with EVX-04, our conserved antigen vaccine in AML. Regulatory filing is expected before the end of the year. In our infectious disease pipeline, the most significant expected event is the design and preclinical validation of antigens for our Group A Streptococcus vaccine, EVX-B4, with new data anticipated to be presented at a conference in the second half of the year. Further to our specific 2026 milestones, we maintain our efforts to derive value from partnerships. This includes platform deals focusing on target discovery, candidate, validation and optimization plus pipeline deals focusing on validated assets. We continue to see strong external interest in both areas and are engaged in numerous partnership discussions. We maintain strict cost control and are diligently prioritizing and optimizing our cash and resource allocation. For 2026, we expect a cash expenditure similar to 2025, e.g. an operational cash burn of ~$14 million."
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Evaxion A/S Reports Strong Q4 2025 Earnings and Strategic Developments
- Strategic Collaboration Progress: Evaxion A/S's licensing agreement with Merck for the EVX-B3 vaccine candidate marks a significant milestone as the first infectious disease vaccine identified through an AI discovery platform, showcasing the technology's market validation and future potential.
- Improved Financial Position: In 2025, Evaxion achieved a cash inflow of $32 million, with a net loss of $7.7 million, reflecting an improvement from the previous year, and ended with a cash position of $23 million, providing a solid foundation for future R&D and market expansion.
- R&D Pipeline Breakthroughs: The company made significant advancements in its R&D pipeline, with strong Phase II clinical data for EVX-01 in melanoma and the development of the new EVX-04 leukemia vaccine candidate, indicating promising market opportunities ahead.
- Future Outlook: Management anticipates submitting a regulatory application for EVX-04 in 2026, along with updates on biomarker and immunogenicity data for EVX-01, demonstrating ongoing investment in key assets and a keen awareness of market demands.
Evaxion Biotech Reports FY EPS Beat Expectations
- Earnings Highlights: Evaxion Biotech reported a FY GAAP EPS of -$0.02, beating market expectations by $0.01, indicating a slight improvement in financial performance that may boost investor confidence.
- Market Reaction: Although the EPS remains negative, the better-than-expected results could attract more investor interest, potentially enhancing the stock's short-term performance and reflecting market recognition of its future potential.
- Historical Data Comparison: According to Seeking Alpha's Quant Rating, Evaxion Biotech's historical financial data suggests that despite challenges, the company's efforts in revenue and cost control are gradually showing results, which may lay the groundwork for future growth.
- Future Outlook: With ongoing operational optimization and R&D investments, investors maintain an optimistic view of Evaxion Biotech's long-term prospects, particularly regarding its innovation potential in the biotechnology sector.
Evaxion A/S Provides 2025 Business and Financial Update
- Vaccine Licensing Achievement: Evaxion secured a historic licensing agreement with Merck for its infectious disease vaccine candidate EVX-B3, receiving a $7.5 million option exercise fee and potential future milestone payments of up to $592 million, significantly strengthening the company's financial foundation.
- Personalized Cancer Vaccine Progress: EVX-01 demonstrated a 75% objective response rate at the 2025 ESMO conference, with 4 out of 12 patients achieving complete response and 92% maintaining response at two years follow-up, validating the clinical potential of the AI-Immunology™ platform and driving future R&D advancements.
- Pipeline Expansion: Evaxion added EVX-04 and EVX-B4 vaccine candidates targeting acute myeloid leukemia and Group A Streptococcus, respectively, enriching its R&D pipeline with clinical trials expected in the second half of 2026, enhancing the company's competitiveness in cancer and infectious disease sectors.
- Financial Position Improvement: Evaxion's cash and cash equivalents reached $23.2 million in 2025, a significant increase from 2024, driven by over $30 million in capital influx and a debt-to-equity conversion agreement, ensuring sufficient operational funding into the second half of 2027 and enhancing future financing flexibility.
Evaxion to Report 2025 Financial Results on March 5
- Financial Report Release: Evaxion A/S will release its 2025 financial results on March 5, 2026, before the Nasdaq opens, aiming to provide investors with the latest financial status and business updates.
- Management Conference Call: On the same day at 14:30 CET/08:30 EST, Evaxion's executive team will host a conference call and webcast to present the financial results and answer investor questions, enhancing engagement with stakeholders.
- Platform Advantage: Evaxion's AI-Immunology™ platform leverages artificial intelligence to decode the human immune system, focusing on developing innovative vaccines for cancer and infectious diseases, showcasing its leading position in the biotech sector.
- Clinical Pipeline Development: The company has established a clinical pipeline of personalized and off-the-shelf cancer vaccine candidates, reflecting its commitment to addressing high unmet medical needs and aiming to improve patient quality of life.
Evaxion Looks for New Partner for Gonorrhea Vaccine Following Merck's Withdrawal
Merck's Decision on EVX-B2: Merck & Co. has opted not to pursue Evaxion's gonorrhea vaccine candidate EVX-B2, allowing Evaxion to retain global rights and seek other licensing partners.
Gonorrhea Vaccine Landscape: Despite affecting over 80 million people annually, no gonorrhea vaccine has been approved yet, although preclinical studies show promise for EVX-B2.
Evaxion's Financial Outlook: Evaxion's CEO stated that Merck's decision does not impact their financial projections, which extend to the second half of 2027.
Recent Developments: Evaxion has successfully out-licensed another vaccine candidate, EVX-B3, to Merck, receiving an upfront payment and potential future milestone payments, while the FDA recently approved GSK's oral treatment for gonorrhea.
Evaxion Retains Global Rights to EVX-B2 After MSD Declines Option
- Change in Partnership Opportunity: MSD's decision not to exercise its option for Evaxion's Gonorrhea vaccine candidate EVX-B2 allows Evaxion to seek new licensing partners while retaining global rights to the project, although this decision does not impact its cash runway.
- Vaccine Potential: EVX-B2 has demonstrated protective effects against Gonorrhea in preclinical studies, highlighting the potential of Evaxion's AI-Immunology™ platform to develop vaccines that address significant unmet medical needs, despite the absence of approved vaccines to date.
- Financial Stability: Evaxion's cash flow outlook did not include a potential in-licensing of EVX-B2 by MSD, meaning this decision will not affect its cash runway, which is projected to extend into the second half of 2027, ensuring financial flexibility for future R&D activities.
- R&D Direction: Evaxion is also developing an mRNA version of EVX-B2 in collaboration with Afrigen Biologics, further expanding its vaccine pipeline and demonstrating the company's ongoing innovation capabilities in addressing infectious diseases.
Evaxion A/S Reports Strong Q4 2025 Earnings and Strategic Developments
- Strategic Collaboration Progress: Evaxion A/S's licensing agreement with Merck for the EVX-B3 vaccine candidate marks a significant milestone as the first infectious disease vaccine identified through an AI discovery platform, showcasing the technology's market validation and future potential.
- Improved Financial Position: In 2025, Evaxion achieved a cash inflow of $32 million, with a net loss of $7.7 million, reflecting an improvement from the previous year, and ended with a cash position of $23 million, providing a solid foundation for future R&D and market expansion.
- R&D Pipeline Breakthroughs: The company made significant advancements in its R&D pipeline, with strong Phase II clinical data for EVX-01 in melanoma and the development of the new EVX-04 leukemia vaccine candidate, indicating promising market opportunities ahead.
- Future Outlook: Management anticipates submitting a regulatory application for EVX-04 in 2026, along with updates on biomarker and immunogenicity data for EVX-01, demonstrating ongoing investment in key assets and a keen awareness of market demands.
Evaxion Biotech Reports FY EPS Beat Expectations
- Earnings Highlights: Evaxion Biotech reported a FY GAAP EPS of -$0.02, beating market expectations by $0.01, indicating a slight improvement in financial performance that may boost investor confidence.
- Market Reaction: Although the EPS remains negative, the better-than-expected results could attract more investor interest, potentially enhancing the stock's short-term performance and reflecting market recognition of its future potential.
- Historical Data Comparison: According to Seeking Alpha's Quant Rating, Evaxion Biotech's historical financial data suggests that despite challenges, the company's efforts in revenue and cost control are gradually showing results, which may lay the groundwork for future growth.
- Future Outlook: With ongoing operational optimization and R&D investments, investors maintain an optimistic view of Evaxion Biotech's long-term prospects, particularly regarding its innovation potential in the biotechnology sector.
Evaxion A/S Provides 2025 Business and Financial Update
- Vaccine Licensing Achievement: Evaxion secured a historic licensing agreement with Merck for its infectious disease vaccine candidate EVX-B3, receiving a $7.5 million option exercise fee and potential future milestone payments of up to $592 million, significantly strengthening the company's financial foundation.
- Personalized Cancer Vaccine Progress: EVX-01 demonstrated a 75% objective response rate at the 2025 ESMO conference, with 4 out of 12 patients achieving complete response and 92% maintaining response at two years follow-up, validating the clinical potential of the AI-Immunology™ platform and driving future R&D advancements.
- Pipeline Expansion: Evaxion added EVX-04 and EVX-B4 vaccine candidates targeting acute myeloid leukemia and Group A Streptococcus, respectively, enriching its R&D pipeline with clinical trials expected in the second half of 2026, enhancing the company's competitiveness in cancer and infectious disease sectors.
- Financial Position Improvement: Evaxion's cash and cash equivalents reached $23.2 million in 2025, a significant increase from 2024, driven by over $30 million in capital influx and a debt-to-equity conversion agreement, ensuring sufficient operational funding into the second half of 2027 and enhancing future financing flexibility.
Evaxion to Report 2025 Financial Results on March 5
- Financial Report Release: Evaxion A/S will release its 2025 financial results on March 5, 2026, before the Nasdaq opens, aiming to provide investors with the latest financial status and business updates.
- Management Conference Call: On the same day at 14:30 CET/08:30 EST, Evaxion's executive team will host a conference call and webcast to present the financial results and answer investor questions, enhancing engagement with stakeholders.
- Platform Advantage: Evaxion's AI-Immunology™ platform leverages artificial intelligence to decode the human immune system, focusing on developing innovative vaccines for cancer and infectious diseases, showcasing its leading position in the biotech sector.
- Clinical Pipeline Development: The company has established a clinical pipeline of personalized and off-the-shelf cancer vaccine candidates, reflecting its commitment to addressing high unmet medical needs and aiming to improve patient quality of life.
Evaxion Looks for New Partner for Gonorrhea Vaccine Following Merck's Withdrawal
Merck's Decision on EVX-B2: Merck & Co. has opted not to pursue Evaxion's gonorrhea vaccine candidate EVX-B2, allowing Evaxion to retain global rights and seek other licensing partners.
Gonorrhea Vaccine Landscape: Despite affecting over 80 million people annually, no gonorrhea vaccine has been approved yet, although preclinical studies show promise for EVX-B2.
Evaxion's Financial Outlook: Evaxion's CEO stated that Merck's decision does not impact their financial projections, which extend to the second half of 2027.
Recent Developments: Evaxion has successfully out-licensed another vaccine candidate, EVX-B3, to Merck, receiving an upfront payment and potential future milestone payments, while the FDA recently approved GSK's oral treatment for gonorrhea.
Evaxion Retains Global Rights to EVX-B2 After MSD Declines Option
- Change in Partnership Opportunity: MSD's decision not to exercise its option for Evaxion's Gonorrhea vaccine candidate EVX-B2 allows Evaxion to seek new licensing partners while retaining global rights to the project, although this decision does not impact its cash runway.
- Vaccine Potential: EVX-B2 has demonstrated protective effects against Gonorrhea in preclinical studies, highlighting the potential of Evaxion's AI-Immunology™ platform to develop vaccines that address significant unmet medical needs, despite the absence of approved vaccines to date.
- Financial Stability: Evaxion's cash flow outlook did not include a potential in-licensing of EVX-B2 by MSD, meaning this decision will not affect its cash runway, which is projected to extend into the second half of 2027, ensuring financial flexibility for future R&D activities.
- R&D Direction: Evaxion is also developing an mRNA version of EVX-B2 in collaboration with Afrigen Biologics, further expanding its vaccine pipeline and demonstrating the company's ongoing innovation capabilities in addressing infectious diseases.
