Invivyd Q2 2024 Earnings Report

Invivyd EPS Results

• Actual EPS: -$0.40
• Consensus EPS: -$0.37
• Beat/Miss: Missed by -$0.03
• One Year Ago EPS: N/A

Invivyd Revenue Results

• Actual Revenue: $2.26 million
• Expected Revenue: $4.91 million
• Beat/Miss: Missed by -$2.65 million
• YoY Revenue Growth: N/A

Invivyd Announcement Details

• Quarter: Q2 2024
• Date: 8/14/2024
• Time: N/A

Invivyd (NASDAQ:IVVD), a commercial-stage biopharmaceutical company, focuses on the discovery, development, and commercialization of antibody-based solutions for infectious diseases in the United States. The company developed INVYMAB, a platform that combines viral surveillance and predictive modeling with advanced antibody engineering. Its pipeline includes PEMGRADA (pemivibart) injection, a half-life extended investigational monoclonal antibody (mAb) for the prevention of COVID-19 in adults and adolescents; VYD2311, an mAb candidate which is in preclinical studies for the prevention or treatment for COVID-19; and adintrvimab, that is in phase 3 clinical trials for the prevention or treatment of COVID-19. The company also has discovery stage candidates for the prevention of seasonal influenza and COVID-19. It has a collaboration agreement with Adimab, LLC for the discovery and optimization of proprietary antibodies; and the Scripps Research Institute to perform research activities to identify vaccine candidates for the prevention, diagnosis or treatment of influenza or beta coronaviruses. The company was formerly known as Adagio Therapeutics, Inc. and changed its name to Invivyd, Inc. in September 2022. Invivyd, Inc. was incorporated in 2020 and is headquartered in Waltham, Massachusetts.