Evaxion Biotech A/S
NASDAQ:EVAX

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Evaxion Biotech A/S
NASDAQ:EVAX
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Price: 3.2 USD -5.88% Market Closed
Market Cap: $20.2m

Evaxion Biotech A/S
Investor Relations

Evaxion Biotech A/S discovers and develops novel immunotherapies for cancer and infectious diseases. The firm decodes the human immune system to discover and develop immunotherapies to treat cancer and infectious diseases. Based on AI-immunology core technology, Evaxion is developing a pipeline of product candidates. In addition, Evaxion develops portfolio of vaccines to prevent bacterial and viral infections.

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Last Earnings Call
Fiscal Period
Q3 2025
Call Date
Nov 6, 2025
AI Summary
Q3 2025

CEO Transition: Dr. Helen Tayton-Martin will become CEO on November 24, bringing significant biotech leadership experience; Birgitte Rono will return to CSO.

MSD Partnership: MSD (Merck) exercised its option on EVX-B3, marking the first AI-discovered vaccine candidate in-licensed by a major pharma and bringing in a $7.5 million fee.

Cash Runway: Cash runway now extended into the second half of 2027, supported by the MSD deal, warrant exercises, and EIB debt conversion.

R&D Milestones: Two-year Phase II data on EVX-01 melanoma vaccine showed a 75% response rate and strong sustained T cell activity; new EVX-04 AML vaccine added to pipeline.

AI Platform Upgrade: Automated vaccine design module launched, reducing development time and enabling potential external partnerships.

Future Revenue Potential: MSD deal could generate up to $592 million in future milestone payments.

Active Partnerships: Multiple partnership discussions underway across oncology, infectious disease, target discovery, and platform capabilities.

Key Financials
Cash Runway
Second half of 2027
Capital Market Activities (Year-to-Date)
$31.8 million
MSD Option Exercise Fee
$7.5 million
Future Potential Milestone Revenue (MSD Deal)
$592 million
Quarterly Income
$4.6 million
Operating Cash Flow (Full Year Target)
$14 million
Net Financials in Quarter
$1.3 million
Equity (Quarter-End)
$16.6 million
Cash Balance (End of June)
$10.6 million
EVX-01 Phase II Objective Overall Response Rate
75%
EVX-01 Phase II Sustained Response Rate
11 out of 12 patients
EVX-01 Phase II Conversion Rate
34%
EVX-01 Vaccine Neoantigen Immunogenicity
81%
Earnings Call Recording
Other Earnings Calls

Management

Mr. Christian Kanstrup M.Sc.
Chief Executive Officer
No Bio Available
Mr. Andreas Holm Mattsson
Founder & Chief AI Officer
No Bio Available
Dr. Birgitte Rono Ph.D.
Chief Scientific Officer
No Bio Available
Mr. Thomas Frederik Schmidt
Chief Financial Officer
No Bio Available

Contacts

Address
COPENHAGEN
Bredgade 34E, Copenhagen K
Contacts