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VXRT · Stock Price

USD 0.74+0.10 (+15.63%)
Market Cap: $171.8M

Historical price data

Market Cap: $171.8MPipeline: 40 drugsFounded: 2004HQ: South San Francisco, United States

Overview

Vaxart's mission is to transform global health by developing oral recombinant pill vaccines that generate mucosal and systemic immunity. The company's core strategy leverages its proprietary delivery platform to create vaccines that are easier to administer, do not require cold-chain logistics, and could potentially reduce transmission of viruses. While still in clinical development, Vaxart aims to address significant unmet needs in infectious diseases with a more accessible and potentially more effective vaccine format.

Infectious DiseasesGastroenterology

Technology Platform

Proprietary oral recombinant vaccine delivery platform using a non-replicating adenovirus vector to stimulate both mucosal and systemic immunity via a pill format.

Pipeline

40
40 drugs in pipeline
DrugIndicationStageWatch
Vapendavir + Vapendavir + PlaceboAsthmaPhase 2
VXA-A1.1 + Fluzone®InfluenzaPhase 2
Vapendavir + Placebo Oral TabletRhinovirusPhase 2
VXA-CoV2-1.1-SCOVID-19Phase 2
BTA798 + PlaceboRhinovirusPhase 2

Funding History

4
Total raised:$185M
PIPE$100M
IPO$40M
Series B$30M
Series A$15M

Opportunities

Vaxart's oral vaccine platform could disrupt the >$100B global vaccines market by offering needle-free, room-temperature-stable alternatives for major diseases like flu and norovirus.
Success could lead to superior protection via mucosal immunity and dramatically improved accessibility in low-resource settings.

Risk Factors

High clinical development risk as all programs are unproven; failure in late-stage trials would be catastrophic.
The company is pre-revenue and will require significant dilutive capital raises.
It faces intense competition from large, well-funded pharmaceutical giants with established products.

Competitive Landscape

Faces competition from vaccine giants (Sanofi, GSK) in influenza and emerging players in norovirus. Its primary differentiator is the oral pill format and focus on mucosal immunity, but it lacks the commercial scale and resources of its large-cap peers, making partnerships critical.

Company Timeline

2004Founded

Founded in South San Francisco, United States

2011Series B

Series B: $30.0M

2018IPO

IPO — $40.0M

2020PIPE

PIPE: $100.0M