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Vaxxinity Priced, Nasdaq: VAXX

Phase 2 biotech developing vaccine therapies for chronic diseases using synthetic peptides.

Industry: Health Care

Latest Trade: $0.72 0.00 (0.0%)

First Day Return: +27.3%

Return from IPO: -94.5%

Industry: Health Care

We are a purpose-driven biotechnology company committed to democratizing healthcare across the globe. Our vision is to disrupt the existing treatment paradigm for chronic diseases, increasingly dominated by drugs, particularly monoclonal antibodies (“mAbs”), which suffer from prohibitive costs and cumbersome administration. We believe our synthetic peptide vaccine platform (“Vaxxine Platform”) has the potential to enable a new class of therapeutics that will improve the quality and convenience of care, reduce costs and increase access to treatments for a wide range of indications. Our Vaxxine Platform is designed to harness the immune system to convert the body into its own “drug factory,” stimulating the production of antibodies with a therapeutic or protective effect. Our current pipeline consists of five chronic disease product candidates from early to late-stage development across multiple therapeutic areas including Alzheimer’s Disease (“AD”), Parkinson’s Disease (“PD”), migraine and hypercholesterolemia. Additionally, we believe our Vaxxine Platform may be used to disrupt the treatment paradigm for a wide range of other chronic diseases, including any that are or could potentially be successfully treated by mAbs. We also will opportunistically pursue infectious disease treatments.
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IPO Data
IPO File Date 10/08/2021
Offer Price $13.00
Price Range $14.00 - $16.00
Offer Shares (mm) 6.0
Deal Size ($mm) $78
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 11/11/2021
Offer Price $13.00
Price Range $14.00 - $16.00
Offer Shares (mm) 6.0
Deal Size ($mm) $78
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
BofA Securities
Jefferies
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Company Data
Headquarters Dallas, TX, United States
Founded 2014
Employees 75
Website www.vaxxinity.com

Vaxxinity (VAXX) Performance