Cash ReservesPCVX ended the quarter with $2.7B in cash and investments, which is expected to provide runway to 2028.
Market AdvantageThis increased margin for success should help hinder future competitors once VAX-31 is an established vaccine.
Vaccine ApprovalThe approval of VAX-31 in adults will be based on immunogenicity for the covered serotypes as has been the case for PCVs since the earliest readouts.