NASDAQ:EVAX
READ THE FULL EVAX RESEARCH REPORT
Evaxion (NASDAQ:EVAX) is a clinical stage company that is making AI useful in the current environment by using the technology to develop new cancer-fighting vaccines. The company notes that it has demonstrated that it can identify, through the company’s AI models, novel targets within days, rather than the traditional years it commonly takes with standard drug discovery methods. The use of AI also allows the company to decrease the risk of failure as the technology filters out those results that may result in low efficacy or unacceptable toxicity.
The company announced positive preclinical data from its ongoing cytomegalovirus (CMV) vaccine program named EVX-V1. According to the CDC, nearly 1 in 3 children is already infected with CMV by age 5 and over half of adults have been infected with CMV by age 40. Adults usually have no or mild symptoms but in babies it can cause serious health problems that can last into adulthood. There are no current vaccines available for CMV. The data presented by Evaxion demonstrated that the antigens identified with Evaxion’s AI-Immunology platform effectively trigger targeted immune responses, including induction of both CMV reactive B and T cells. To further enhance vaccine effectiveness, Evaxion noted it additionally designed a proprietary prefusion gB antigen, a well-established CMV vaccine component known to offer partial virus neutralization. New preclinical data presented by the company confirms that Evaxion’s proprietary gB antigen successfully induced a specific immune response comparable to that of the conventional gB antigen.
In addition, the company recently reminded investors that its ongoing Phase 2 trial of its personalized cancer vaccine, EVX-01, triggered a 79% tumor-specific response, a substantial increase from the 58% response rate seen in the Phase I trial. As we’ve talked about in previous reports, the AI-Immunology platform of Evaxion showed the promise of improving treatment for patients by being able to “learn” from previous trials and improve upon the treatment as it moves along the approval process. These results are further confirmation of the vast potential that this platform has and illustrate why we continue to have a very positive view on the company.
It is updates like these that continue to excite us about the investment opportunities offered by EVAX. In our view, this is the tip of the iceberg of what the AI platforms developed by Evaxion can achieve and positive news will continue to come out as we move forward. We suggest investors investigate EVAX further and consider investing, as we believe the company is at an inflection point that is the start of sustained uptrend.
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