23.1 C
New York
Saturday, June 19, 2021

What is Going on With Vaccinex, Inc. (VCNX)?

The share price of Vaccinex, Inc. (VCNX) is increasing in pre-market trading on Tuesday 9thMarch as of this writing. At the moment, VCNX share is trading at $2.98 per share after an increase of 3.83% in the normal trading hours on Monday 9thMarch, the share price declined and it was closed at $2.87 per share. Still, there is no news in the market for the fluctuation share price.


5 Stocks Under $10 That Are Poised to Take Off

Investing in stocks under $10 could significantly increase the returns on your portfolio, especially if you pick the right stocks! Within this report you will find 5 top stocks that offer investors huge upside potential and the best bang for their buck.

Add them to your watchlist before they take off!

Get the Top 5 Stocks Now!

Sponsored



About the company

Vaccinex, Inc is a biotechnology company. The company is famous for developing human therapeutic monoclonal antibodies and vaccines for the treatment of diseases such as cancer, neurodegenerative diseases, and autoimmune disorders. The company is using a different approach to treating neurodegenerative disease through the inhibition of semaphorin 4D (SEMA4D), a key driver of neuroinflammation. The company also discovered that in combination with checkpoint inhibitors, pepinemab(the company’s lead drug candidate) has the potential to increase objective responses in oncology.

The company is working with many other companies in collaboration for the development of different drugs

Recent financial news about the VCNX:

On Feb 23, 2021, the share price of VCNX went down despite the news that Surface Oncology Inc ( SURF) will license the anti-CCR8 antibody which was discovered by the VCNX through Vaccinex’sActivMAb antibody discovery and novel viral display platform. According to the news, Surface Oncology will be paying the technology access and licensing fees in addition to research funding.Vaccinex will get the milestone payments and royalties.

On Feb 19, 2021, the share prices of Vaccinex skyrocketed and hit their highest level since it went public in August 2018. The company announced the deals with two major pharmaceutical companies which took the share price to a new peak and it soared 119.9% till midday on Feb 19 2021 and an earlier gain of as much as 233.1%. the company did the most shares trading after the news and it reached 215.3 million shares. The deal was about the use of Vaccinex’s antibody discovery and novel viral display platform, ActivMAb, for antibody discovery. Vaccinex did not disclose the partner’s name in the above-mentioned deal.

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest Articles

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Get Notified Of Insider Trades, Analyst Upgrades & Downgrades, Earnings Updates & Best Stocks To Trade Every Single Morning

100% free. stop anytime no spam

Get The Best Stocks To Trade Every Day!

Join now to get the Newsheater.com pre-market morning brief 100% free

We do not sell or share your information with anyone.