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0.0416666666666666 0.0595238095238095 0.0595238095238095 0.0595238095238095 0.104166666666667 0.142857142857143 0.0360119047619048 -0.0455357142857143
Stock impact report

Vir Biotechnology Proceeding with Two Clinical Development Candidates for COVID-19

Vir Biotechnology, Inc. (VIR) 
Company Research Source: GlobeNewswire
- Multiple antibodies identified that neutralize SARS-CoV-2- Phase 1/2 clinical testing planned for this summer SAN FRANCISCO, March 25, 2020 (GLOBE NEWSWIRE) -- Vir Biotechnology, Inc. (Nasdaq: VIR) today announced that it has identified multiple human monoclonal antibody (mAb) development candidates that neutralize SARS-CoV-2, the virus responsible for COVID-19. “We are pleased with the rapidity of our progress and excited to move two development candidates into human testing as soon as possible,” said George Scangos, Ph.D., CEO, Vir. “Stopping this disease will take a combination of prevention and treatment approaches. At Vir, we are fortunate that our existing antibody platform gave us a running start against COVID-19, and we have the internal and partnered capabilities to work on multiple approaches.” In an effort to save time, Vir’s lead development candidate was transferred at-risk to WuXi Biologics (stock code: 2269.HK) and Biogen Inc. (Nasdaq: BIIB) several weeks a Show less Read more
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