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Vir Biotechnology Q1 2023 Earnings Report

Vir Biotechnology logo
$7.16 -0.19 (-2.59%)
(As of 05:27 PM ET)

Vir Biotechnology EPS Results

Actual EPS
-$1.06
Consensus EPS
-$0.86
Beat/Miss
Missed by -$0.20
One Year Ago EPS
$3.93

Vir Biotechnology Revenue Results

Actual Revenue
$63.00 million
Expected Revenue
$50.10 million
Beat/Miss
Beat by +$12.90 million
YoY Revenue Growth
-94.90%

Vir Biotechnology Announcement Details

Quarter
Q1 2023
Time
After Market Closes
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Vir Biotechnology Earnings Headlines

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About Vir Biotechnology

Vir Biotechnology (NASDAQ:VIR), an immunology company, develops therapeutic products to treat and prevent serious infectious diseases. Its clinical development pipeline consists of product candidates targeting hepatitis delta virus (HDV), hepatitis B virus (HBV), and human immunodeficiency virus (HIV). The company's preclinical candidates include those targeting influenza A and B, coronavirus disease 2019, respiratory syncytial virus (RSV) and human metapneumovirus (MPV), and human papillomavirus (HPV). The company has grant agreements with Bill & Melinda Gates Foundation and National Institutes of Health; an option and license agreement with Brii Biosciences Limited; a collaboration and license agreement with Alnylam Pharmaceuticals, Inc.; license agreements with MedImmune, LLC; collaboration with WuXi Biologics (Hong Kong) Limited and Glaxo Wellcome UK Ltd.; and a collaborative research agreement with GlaxoSmithKline Biologicals S.A, as well as license agreement with Sanofi for three clinical-stage masked T-cell engagers (TCEs) and exclusive use of the protease-cleavable masking platform for oncology and infectious diseases. It also has a manufacturing agreement with Samsung Biologics Co.,Ltd. The company was incorporated in 2016 and is headquartered in San Francisco, California.

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