Partnership with MSD on Track
Significant achievements with the partnership with MSD, with a potential option exercise in the second half of 2025.
Financial Stability
Cash at hand until mid-2026 and conversion of a loan from the European Investment Bank into equity, increasing equity by USD 4.1 million.
R&D Progress
Key R&D events include EVX-01 2-year clinical efficacy data accepted for presentation at ESMO Congress 2025 and the initiation of the EVX-B4 program.
Gates Foundation Grant
Received a grant from the Gates Foundation for a polio vaccine project, enhancing the platform's exposure and potential future collaborations.
Positive Financial Performance
Operating loss reduced to $4.3 million in Q2 2025 from $4.6 million in the same period last year, with cash reserves projected to last until mid-2026.