Clinical Trial ResultsThe Phase 2B NEST-IN1 trial for the HIL-214 vaccine did not achieve its primary or secondary endpoints, leading to the discontinuation of its development for infant patients.
Development UncertaintyNear-term uncertainty exists as the company explores paths forward for its norovirus vaccine development.
Operating ExpensesHLVX reported 4Q OpEx of $36.1M which was +112% vs. analyst's $17M estimate, not including $20.8M in restructuring and impairment charges.