Revenue Increase
Revenue for the first quarter of 2025 was $20.9 million, compared to $2.2 million for the first quarter of 2024, primarily due to the BARDA contract.
Lifting of Stop Work Order
The stop work order on the 10,000 participant portion of the COVID-19 Phase 2b clinical trial was lifted, allowing the trial to proceed.
Norovirus Vaccine Trial Progress
Completed enrollment of the Phase 1 trial for the second-generation norovirus vaccine candidate, with top-line data expected mid-2025.
Positive Preclinical Results in Avian Flu Program
Preclinical studies show 100% protection against death in a ferret model for the avian flu vaccine candidate.