NetworkNewsBreaks – BiondVax Pharmaceuticals Ltd
Post# of 122
BiondVax (NASDAQ: BVXV), a biotechnology company focused on developing, manufacturing and commercializing innovative immunotherapeutic products primarily for the treatment of infectious and autoimmune diseases, was featured in a recent report published by Zacks Small-Cap Research. In the report, Zacks valued BVXV at $57.00/ADS. The publication reads, “On November 30, 2022, BiondVax Pharmaceuticals Ltd. (BVXV) announced financial results for the third quarter of 2022 and provided a business update. The company recently announced positive preclinical results for its inhaled COVID-19 therapy. Using the industry-standard hamster model for COVID-19 therapeutics, results showed that hamsters treated with BiondVax’s NanoAb therapy had significantly (P<0.001) less weight loss than hamsters treated with placebo. In addition, eight other parameters, including heart rate and social behaviors, indicated that the group treated with the inhaled NanoAb experienced a shorter and milder illness. We anticipate additional data from this study in the first quarter of 2023. Assuming continued success, we expect BiondVax to initiate a Phase 1/2a clinical trial of the anti-COVID NanoAb in the fourth quarter of 2023.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer