Vaxart (VXRT) Provides Business Update

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Vaxart Provides Business Update

June 17, 2024 4:05 PM EDT

Cash runway extended into 2026

Received one of the largest BARDA-funded Project NextGen Awards to date, up to $453 million

Company well-capitalized to execute on multiple key clinical and regulatory milestones in COVID-19 and norovirus programs

SOUTH SAN FRANCISCO, Calif., June 17, 2024 (GLOBE NEWSWIRE) -- Vaxart, Inc. (Nasdaq: VXRT) today provided business and cash runway updates as the Company continues to advance its oral pill vaccine platform.

Vaxart anticipates that net proceeds from the recent $40 million offering, expected fees... More