Internalization of Commercial Organization
Invivyd has transitioned to an internal commercial team, aiming for broader adoption of PEMGARDA. Early indicators are promising, targeting near-term breakeven with continued revenue growth.
Additional Non-Dilutive Capital Access
Secured access to additional non-dilutive capital to grow if certain conditions and milestones are met, with a focus on expanding the pipeline to multiple disease areas.
RSV Monoclonal Antibody Development
Initiation of a discovery program for an RSV monoclonal antibody with potential blockbuster commercial potential.
Financial Discipline and Reduction in Operating Expenses
Continued reduction in operating expenses, with a 15% decrease from Q4 2024 to Q1 2025, and a strong cash position and potential access to $30 million in non-dilutive funding.
Positive Q2 Revenue Momentum
Strong revenues reported thus far in Q2, with the highest ever commercial day and week, indicating ongoing growth.