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Evaxion Biotech A/S (EVAX) investor relations material

Evaxion Biotech A/S SEO filing summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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SEO filing summary21 Nov, 2025

Company overview and business model

  • Clinical-stage TechBio company leveraging a proprietary AI-Immunology™ platform to develop novel vaccines for cancer, bacterial, and viral infections.

  • AI-Immunology™ platform includes five scalable AI models, validated preclinically and clinically, enabling rapid vaccine discovery and design.

  • Business strategy emphasizes pharma partnerships, highlighted by an expanded collaboration with MSD and out-licensing of vaccine candidate EVX-B3.

  • Pipeline includes personalized therapeutic cancer vaccines and preclinical prophylactic vaccines for high unmet needs.

Financial performance and metrics

  • Revenue for 2024 was $3.3 million, with a net loss of $22.1 million; six months ended June 30, 2025, revenue was $37,000 with a net loss of $6.4 million.

  • Cash and cash equivalents as of September 30, 2025, were $10.6 million; total equity was $16.6 million.

  • Raised $7.2 million in October 2025, extending cash runway to the second half of 2027.

  • Significant losses have been incurred since inception, with continued losses expected as R&D progresses.

Use of proceeds and capital allocation

  • No proceeds from the resale of ADSs by the selling shareholder; up to DKK 9,612,500 (approx. $1.5 million) may be received upon warrant exercise.

  • Any proceeds will be used to advance preclinical and clinical pipeline, operating expenses, and working capital.

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Frequently asked questions

Evaxion Biotech utilizes the AI platform, which is designed to reduce the identification of novel epitopes, and to develop neoantigens, vaccines, and antibody-based therapies; pNLS platform that is designed to identify novel protein structures through computational design; and 2D-to-3D structural similarity searching algorithm. It is developing EB023, a peptide based immunotherapy for the treatment of head and neck cancer. Evaxion Biotech A/S was founded in 2008 and is headquartered in Copenhagen, Denmark.

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