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Evaxion Biotech A/S (EVAX) investor relations material
Evaxion Biotech A/S Corporate Presentation summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Corporate Presentation summary15 Oct, 2025
Strategic vision and platform
Focuses on AI-powered development of novel vaccines for cancer and infectious diseases, leveraging a clinically validated AI-Immunology™ platform for rapid and accurate target discovery and design.
Maintains a multidisciplinary capability set with advanced wetlab and animal facilities, supporting both preclinical and clinical programs.
Pursues a multi-partner approach, enabling value creation through partnerships and out-licensing, including transformative deals with major pharmaceutical companies.
Strategic ambition centers on becoming the AI partner of choice, generating positive cash flow, and driving best-in-class target discovery and validation.
Financial highlights and partnerships
Secured a $7.5 million exercise fee from MSD for the EVX-B3 program, extending cash runway to H1 2027 and potential future payments up to $592 million.
MSD partnership validates the AI-Immunology™ platform and pipeline, with MSD assuming all future development costs for EVX-B3.
MSD is the largest shareholder, holding close to 20% equity stake.
As of June 30, 2025, cash position was $14.7 million, with a market capitalization of $29.3 million.
Pipeline and clinical progress
Broad pipeline includes candidates for advanced melanoma (EVX-01, EVX-02, EVX-03), S. aureus (EVX-B1), N. gonorrhoeae (EVX-B2), Group A Streptococcus (EVX-B4), and Cytomegalovirus (EVX-V1).
EVX-01 achieved a 69% overall response rate in phase 2 for advanced melanoma, with 80% of vaccine targets inducing specific immune responses.
EVX-02 showed 100% relapse-free survival and T-cell response in adjuvant melanoma patients.
EVX-03 combines personalized neoantigens and ERV antigens, showing complete responses in mouse models and is ready for regulatory submission.
Infectious disease candidates demonstrate strong preclinical efficacy and address significant unmet needs, including antibiotic resistance.
MSD EVX-B3 deal financial and strategic impact
What is the EVX-01 2-year phase 2 efficacy readout?
AI-Immunology platform's role in new partnerships
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Study Update22 Oct, 2025
Next Evaxion Biotech A/S earnings date
Study Update22 Oct, 2025
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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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