Evaxion Biotech A/S reported revenue of $7.5 million for FY 2025, up 125% from $3.3 million in FY 2024, driven by a $7.5 million upfront payment from MSD upon exercising its option to license EVX-B3 vaccine candidate, plus minor Gates Foundation grants.
52W $1.31 – $11.01
Evaxion Biotech A/S reported revenue of $7.5 million for FY 2025, up 125% from $3.3 million in FY 2024, driven by a $7.5 million upfront payment from MSD upon exercising its option to license EVX-B3 vaccine candidate, plus minor Gates Foundation grants.
Evaxion Biotech A/S reported revenue of $7.5 million for FY 2025, up 125% from $3.3 million in FY 2024, driven by a $7.5 million upfront payment from MSD upon exercising its option to license EVX-B3 vaccine candidate, plus minor Gates Foundation grants. Net loss narrowed to $7.7 million from $10.6 million, reflecting revenue growth and stable operating expenses at $16.8...
Evaxion Biotech A/S, a clinical-stage biotech company, engages in developing artificial intelligence-powered immunotherapies for cancers, bacterial diseases, and viral infections. The company develops EVX-01, a cancer immunotherapy that is in clinical Phase IIb trial for metastatic melanoma; EVX-02, a DNA-based cancer immunotherapy that is in Phase IIa trial for adjuvant melanoma; and EVX-03, a DNA-based immunotherapy for the treatment of various cancers. Its programs also include EVX-B1, EVX-B2, and EVX-V1, which are vaccines that are in pre-clinical stage for the treatment of bacterial and viral diseases. The company was incorporated in 2008 and is headquartered in Hørsholm, Denmark.