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Home»Healthcare»Invivyd down 18% despite Pemgarda COVID risk reduction data
Healthcare

Invivyd down 18% despite Pemgarda COVID risk reduction data

08/28/20241 Min Read
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Green and blue coronavirus cells under magnification intertwined with DNA cell structure

matejmo/E+ by way of Getty Images

  • Patients handled with Invivyd’s (NASDAQ:IVVD) Pemgarda (pemivibart) confirmed an 84% relative risk reduction in symptomatic COVID-19 in comparison with placebo in a part 3 trial.
  • In a bunch of all-comer immunocompetent people, 1.9% of handled people in a 180-day time interval developed symptomatic COVID. in comparison with 11.9% within the placebo group.
  • Pemgarda at present has Emergency Use Authorization from the U.S. FDA for COVID pre-exposure prophylaxis.
  • Despite the outcomes, shares are off 18%.

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Source: Seekingalpha

COVID data Invivyd Pemgarda reduction risk
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