share_log

Invivyd | 8-K: Current report

SEC ·  Apr 5 05:27

Summary by Futu AI

On April 4, 2024, Invivyd, Inc., a biopharmaceutical company, announced the commercial availability of PEMGARDA™ in the United States for pre-exposure prophylaxis (PrEP) of COVID-19 in certain adults and adolescents with moderate-to-severe immune compromise. The announcement follows the emergency use authorization (EUA) granted by the U.S. Food and Drug Administration (FDA) on March 22, 2024. Invivyd also provided net product revenue guidance for 2024, projecting $150 million to $200 million, and expects to end the year with at least $55 million in cash and cash equivalents. A conference call was scheduled for the same day to discuss the launch progress of PEMGARDA. Additionally, Invivyd updated its corporate presentation on its website and filed it as Exhibit 99.2. PEMGARDA, which targets the SARS-CoV-2 spike protein, is available by prescription through a network of authorized specialty distributors. Invivyd's proprietary INVYMAB™ platform combines viral surveillance and predictive modeling with advanced antibody engineering to rapidly generate new monoclonal antibodies to combat evolving viral threats.
On April 4, 2024, Invivyd, Inc., a biopharmaceutical company, announced the commercial availability of PEMGARDA™ in the United States for pre-exposure prophylaxis (PrEP) of COVID-19 in certain adults and adolescents with moderate-to-severe immune compromise. The announcement follows the emergency use authorization (EUA) granted by the U.S. Food and Drug Administration (FDA) on March 22, 2024. Invivyd also provided net product revenue guidance for 2024, projecting $150 million to $200 million, and expects to end the year with at least $55 million in cash and cash equivalents. A conference call was scheduled for the same day to discuss the launch progress of PEMGARDA. Additionally, Invivyd updated its corporate presentation on its website and filed it as Exhibit 99.2. PEMGARDA, which targets the SARS-CoV-2 spike protein, is available by prescription through a network of authorized specialty distributors. Invivyd's proprietary INVYMAB™ platform combines viral surveillance and predictive modeling with advanced antibody engineering to rapidly generate new monoclonal antibodies to combat evolving viral threats.

The information provided by Futu AI is automatically generated by third-party artificial intelligence (AI) software based on news content.


The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.