NetworkNewsBreaks – BiondVax Pharmaceuticals Ltd
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BiondVax (NASDAQ: BVXV), a biotechnology company focused on developing, manufacturing and commercializing innovative products for the prevention and treatment of infectious diseases and other illnesses, was featured in a recent report published by Zacks Small-Cap Research. In the report, Zacks valued BVXV at $12.00/ADS. The publication reads, “On August 25, 2022, BiondVax Pharmaceuticals Ltd. (BVXV) announced financial results for the second quarter of 2022 and provided a business update. The COVID-19 NanoAb program is proceeding on schedule, with an inhalation proof-of-concept study with the anti-SARS-CoV-2 NanoAb in COVID-19 infected animals expected to begin by the end of 2022. Based on European advice the company will initiate a first-in-human phase 1/2a clinical trial in patients, thereby compressing clinical development timelines. BiondVax also recently announced that researchers at Max Planck Institute have successfully isolated NanoAbs targeting IL-17 and other cytokines, which could potentially be used to treat diseases such as psoriasis, psoriatic arthritis, asthma, and macular degeneration. BiondVax has an exclusive option for an exclusive license to develop and commercialize those drug candidates.”
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