Wednesday 30 June 2021

Altimmune tanks 38% - end of the road for Nasal Vaccine


Altimmune's devastating clinical results announced yesterday results in a 38% cataclysm. The decision to stop developing the nasal covid vaccine probably means Altimmune should come out of the Index.

VBI also dropped a full 10% even though its data was relatively good.

Vaxart dropped 9% and OncoSec fell 5%.

With these bad results, the overall index registered a loss of 1.8% on average with 17 falling and 10 gaining ground.

On the positive side, CureVac is regaining some its devastating losses from last week, gaining 9%. 

Both PDS and Translate Bio picked up 7%.


 

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