Evaxion Biotech A/S - ADR (OQ:EVAX)
Business Focus: Biotechnology & Medical Research
| Sector: Healthcare | Industry: Biotechnology & Medical Research |
| Company Contact | |
| Address: | Bredgade 34E, Copenhagen K COPENHAGEN 1260 |
| Tel: | N/A |
| Website: | https://www.evaxion-biotech.com |
| IR: | See website |
| Key People | ||
| N/A | ||
| Business Overview |
| Evaxion Biotech A/S is a Denmark-based clinical-stage biotechnology company, which specializes in the development of AI-driven immunotherapies to improve the lives of patients with cancer and infectious diseases. The Company decodes the human immune system to discover and develop immunotherapies to treat cancer and infectious diseases. Based on AI-immunology core technology, Evaxion is developing a pipeline of product candidates. In addition, Evaxion develops portfolio of vaccines to prevent bacterial and viral infections. |
| Financial Overview |
| For the fiscal year ended 31 December 2023, Evaxion Biotech A/S - ADR revenues increased from $0K to $73K. Net loss decreased 5% to $22.1M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Lower net loss reflects Research and development decrease of 42% to $5.2M (expense), Labor & Related Expenses in R&D decrease of 18% to $6M (expense). |
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