Business StrategyPCVX provided positive business updates, including taking steps to increase the odds of delivering compelling VAX-31 Ph2 infant results by adding a new optimized dose.
Financial StabilityThe company reported approximately $3.0B in cash, cash equivalents, and investments, which management now expects to fund operations through mid-2028.
Market PositionIf Pfizer or other companies cannot pursue a 30+ valent vaccine, then VAX-31 will become the new Prevnar because it will have a meaningfully differentiated serotype coverage profile.