Vaxart, Inc. operates as a biotechnology firm currently in the clinical development phase, concentrating its efforts on identifying and advancing novel oral recombinant protein vaccines. The company leverages its unique proprietary platform for delivering these oral vaccine solutions. Its diverse pipeline showcases several promising candidates: An oral tablet vaccine targeting norovirus, which is presently undergoing Phase Ib clinical assessment for both GI.1 and GII.4 strains. A seasonal influenza vaccine, now in Phase II clinical studies, designed to address H1 influenza infections. A vaccine candidate against respiratory syncytial virus (RSV). A coronavirus vaccine, also advancing through Phase II clinical trials for SARS-CoV-2. Beyond infectious diseases, Vaxart is also engaged in formulating therapeutic vaccines aimed at treating cervical cancer and dysplasia associated with human papillomavirus. The company's main operations are situated in South San Francisco, California.
Vaxart Provides Business Update and Reports Second Quarter 2026 Financial Results
Vaxart reported topline safety data from the 400-person sentinel cohort of its Phase 2b COVID-19 trial, showing no vaccine-related serious adverse events compared to an approved mRNA comparator.
Financial results for the second quarter showed revenue of $27.2 million, down from $39.7 million in the prior year, with a net loss of $13.5 million or $0.06 per share.
The company ended the quarter with $64.0 million in cash and investments, providing a runway into the second quarter of 2027, and anticipates topline efficacy data from the main study cohort in the first half of 2027.