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Vaxxinity's Vaccine Candidate Shows Durable Cholesterol Lowering Activity In Animal Models

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Vaxxinity's Vaccine Candidate Shows Durable Cholesterol Lowering Activity In Animal Models
  • Vaxxinity Inc (NASDAQ: VAXXannounced data demonstrating durable lowering of low-density lipoprotein (LDL) cholesterol in non-human primates.
  • The company also selected VXX-401 to pursue as its anti-PCSK9 vaccine candidate to treat hypercholesterolemia. 
  • The company plans to start Phase 1 clinical trial in early 2023.
  • VXX-401 is a synthetic peptide vaccine that targets proprotein convertase subtilisin/kexin type 9 serine protease (PCSK9) to lower low-density lipoprotein (LDL) cholesterol, a mechanism proven to reduce the risk of cardiovascular events. 
  • The new data in non-human primates demonstrate that VXX-401 is well tolerated and provides long-lasting, significant LDL reduction versus placebo. 
  • After a 6-week priming regimen with VXX-401, LDL cholesterol progressively dropped to 40-50% of placebo values in healthy monkeys. 
  • A steady-state reduction of LDL cholesterol was observed for months. The magnitude of LDL reduction with VXX-401 was similar to that of a single dose of a monoclonal antibody comparator. 
  • While LDL levels returned to baseline within 2-3 weeks after a single dose of a monoclonal antibody, a steady-state and long-lasting reduction of LDL levels was observed after the last dose of VXX-401. 
  • Levels of "good" high-density lipoprotein (HDL) cholesterol were not affected by treatment and remained stable.
  • Price Action: VAXX shares are up 8.28% at $2.08 during the market session on the last check Tuesday.
 

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