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Invivyd Inc (IVVD) Q3 2024 Earnings Call Highlights: Strong Revenue and Strategic Growth Amidst ... [Yahoo! Finance]

Invivyd, Inc. (IVVD) 
Company Research Source: Yahoo! Finance
Projected Year-End Cash: Expected to finish 2024 with $65 million or more. Relative Risk Reduction: 84% during active treatment and 76% over 12 months in the CANOPY study. Profitability Target: Expected to turn profitable by the end of June 2025. Warning! GuruFocus has detected 3 Warning Signs with IVVD. Release Date: November 14, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript Invivyd Inc ( NASDAQ:IVVD ) has demonstrated strong efficacy of its monoclonal antibody, pemivibart, in reducing the risk of symptomatic COVID-19 by 80% to 90% in clinical trials. The company has a robust pipeline with the development of VYD2311, which shows improved potency and potential for more patient-friendly administration routes. Invivyd Inc ( NASDAQ:IVVD ) has a significant inventory of PEMGARDA, which positions them well for future sales without immediate manufacturing expenses. The company is actively expanding its commercial Show less Read more
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