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Vir Biotechnology, Inc. (VIR)

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33.09-2.44 (-6.87%)
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Neutralpattern detected
Previous Close35.53
Open34.92
Bid0.00 x 800
Ask0.00 x 900
Day's Range32.82 - 35.20
52 Week Range11.65 - 75.00
Volume758,492
Avg. Volume1,122,807
Market Cap4.204B
Beta (5Y Monthly)N/A
PE Ratio (TTM)N/A
EPS (TTM)-14.64
Earnings DateAug 11, 2020
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est55.00
  • Vir Biotechnology to Provide Corporate Update and  Report Third Quarter 2020 Financial Results on November 10, 2020
    GlobeNewswire

    Vir Biotechnology to Provide Corporate Update and Report Third Quarter 2020 Financial Results on November 10, 2020

    SAN FRANCISCO, Oct. 27, 2020 (GLOBE NEWSWIRE) -- Vir Biotechnology, Inc. (Nasdaq: VIR), a clinical-stage immunology company focused on treating and preventing serious infectious diseases, today announced that it will provide a corporate update and report financial results for the third quarter ended September 30, 2020 on Tuesday, November 10, 2020. The update will be provided via a press release after market close, and will be accessible under Press Releases in the Investors section of the Vir website at www.vir.bio.About Vir BiotechnologyVir Biotechnology is a clinical-stage immunology company focused on combining immunologic insights with cutting-edge technologies to treat and prevent serious infectious diseases. Vir has assembled four technology platforms that are designed to stimulate and enhance the immune system by exploiting critical observations of natural immune processes. Its current development pipeline consists of product candidates targeting hepatitis B virus, influenza A, SARS-CoV-2, human immunodeficiency virus and tuberculosis.   CONTACT: Contact: Investors Neera Ravindran, M.D. VP, Head of Investor Relations & Strategic Communications nravindran@vir.bio +1-415-506-5256 Media Cara Miller VP, Corporate Communications cmiller@vir.bio +1-415-941-6746

  • Vir Biotechnology Presents New Data on VIR-2482, the Company’s Investigational Monoclonal Antibody for the Prevention of Influenza A, at IDWeek 2020
    GlobeNewswire

    Vir Biotechnology Presents New Data on VIR-2482, the Company’s Investigational Monoclonal Antibody for the Prevention of Influenza A, at IDWeek 2020

    – Preclinical data show VIR-2482 has broad neutralizing potential against all major strains of influenza A from the last 100 years –– Extended half-life observed in Phase 1 demonstrates potential for once-per-season dosing –– Claims-based analysis highlights the high hospitalization rates and elevated costs among high-risk elderly patients, reinforcing need for new approaches to prevention –SAN FRANCISCO, Oct. 21, 2020 (GLOBE NEWSWIRE) -- Vir Biotechnology, Inc. (NASDAQ: VIR), a clinical-stage immunology company focused on treating and preventing serious infectious diseases, today announced the presentation of preclinical and Phase 1 data demonstrating the broad neutralizing ability, high-level effector function, extended half-life and tolerability of VIR-2482 in the prevention of influenza A. The Company also released new health economics outcomes research, which shows that elderly adults with comorbidities suffer more severe consequences of influenza. The data will be presented at IDWeek 2020, which takes place virtually Oct. 21-25.“Despite widespread influenza vaccination, the elderly in the U.S. have a high risk of hospitalization and incur significantly higher healthcare costs,” said Phil Pang, M.D., Ph.D., chief medical officer of Vir Biotechnology. “The data presented at IDWeek quantify the magnitude of the urgent need for a universal influenza A-neutralizing monoclonal antibody with high efficacy. The data also suggest that VIR-2482, because of its broad influenza A strain coverage, potency and prolonged half-life, has the potential to be the first neutralizing monoclonal antibody to address this large unmet need.”The two abstracts accepted for poster presentation include: * Preliminary, blinded pharmacokinetic and safety data from the first-in-human, randomized, placebo-controlled Phase 1 study, which demonstrate that intramuscular dosing of VIR-2482 was well tolerated among healthy volunteers at doses up to 1,800mg (Abstract 631). The preliminary pharmacokinetic profile also shows a prolonged half-life, which could enable once-per-season dosing. * Preclinical data, which show that VIR-2482 has broad binding and neutralizing potential against all major strains of influenza A, including pandemic strains, from the last 100 years (Abstract 1231). Additionally, VIR-2482 administered prophylactically 24 hours prior to lethal doses of influenza significantly reduced morbidity and prevented mortality in mouse models. A separate claims-based analysis accepted for oral presentation demonstrates the significant health and economic impact of influenza A on elderly patients (>65 years old) with comorbidities (Abstract 86). According to an analysis of insurance claims data from the IQVIA PharMetrics® Plus database (October 1, 2013, to March 1, 2019), 19%-44% of elderly influenza patients were hospitalized within 30 days of diagnosis compared to 3%-13% of non-influenza patients. Associated healthcare costs ranged from $4,122-$8,181 per patient in the month after diagnosis, with the highest attributable costs observed among elderly patients with congestive heart failure, stroke or chronic pulmonary disease. The health and economic implications of this analysis demonstrate the ongoing need among high-risk elderly groups for additional protection against influenza.VIR-2482 Scientific Research Presented at IDWeek 2020Poster Presentations * Preliminary safety and pharmacokinetic profile of VIR-2482: a monoclonal antibody for the prevention of influenza A illness Abstract : 631 Lead author: Sager J * VIR-2482: A potent and broadly neutralizing antibody for the prophylaxis of influenza A illness Abstract : 1231 Lead author: Pizzuto MS Oral Presentation * Health resource burden of influenza among the elderly with underlying conditions in the United States Abstract : 86 Date: Wednesday, October 21, 2020 Time: 7 a.m. ET Lead author: Reyes CM About VIR-2482  VIR-2482 is an intramuscularly administered influenza A-neutralizing monoclonal antibody. In vitro, it has been shown to cover all major strains of influenza A that have arisen since the 1918 Spanish influenza pandemic. VIR-2482 is designed as a universal prophylactic for influenza A. It has the potential to overcome the limitations of current influenza vaccines and lead to meaningfully higher levels of protection due to its broad strain coverage and because it does not rely on an individual to create their own protective antibody response. VIR-2482 has been half-life engineered so that a single dose has the potential to last the entire influenza season, which is typically five to six months long.About Vir Biotechnology Vir Biotechnology is a clinical-stage immunology company focused on combining immunologic insights with cutting-edge technologies to treat and prevent serious infectious diseases. Vir has assembled four technology platforms that are designed to stimulate and enhance the immune system by exploiting critical observations of natural immune processes. Its current development pipeline consists of product candidates targeting hepatitis B virus, influenza A, SARS-CoV-2, human immunodeficiency virus and tuberculosis. For more information, please visit www.vir.bio. Vir Forward-Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “potential,” “may,” “will,” “could,” “expect,” “plan,” “anticipate,” “believe,” “estimate,” “goal,” “intend,” “candidate,” “continuing,” “developing” and similar expressions (as well as other words or expressions referencing future events, conditions or circumstances) are intended to identify forward-looking statements. These forward-looking statements are based on Vir’s expectations and assumptions as of the date of this press release. Each of these forward-looking statements involves risks and uncertainties. Actual results may differ materially from these forward-looking statements. Forward-looking statements contained in this press release include statements regarding the potential benefits of VIR-2482, including its ability to broadly neutralize against all major strains of influenza A, its high-level effector function and binding capability and its extended half-life, the potential of VIR-2482 in treating high-risk, elderly patients, the potential of VIR-2482 as a universal prophylaxis for influenza A and the health and economic implications of influenza A on elderly patients. Many factors may cause differences between current expectations and actual results including unexpected safety or pharmacokinetic data observed during preclinical or clinical studies, challenges in treating influenza A, difficulty in collaborating with other companies or government agencies, and challenges in accessing manufacturing capacity. Other factors that may cause actual results to differ from those expressed or implied in the forward-looking statements in this press release are discussed in Vir’s filings with the U.S. Securities and Exchange Commission, including the section titled “Risk Factors” contained therein. Except as required by law, Vir assumes no obligation to update any forward-looking statements contained herein to reflect any change in expectations, even as new information becomes available. CONTACT: Contact: Investors Neera Ravindran, M.D. VP, Head of Investor Relations & Strategic Communications nravindran@vir.bio +1-415-506-5256 Media Cara Miller VP, Corporate Communications cmiller@vir.bio +1-415-941-6746

  • GlobeNewswire

    Vir and Alnylam to Webcast Virtual Fireside Chat at H.C. Wainwright Hepatitis B Virus Mini-Conference

    SAN FRANCISCO and CAMBRIDGE, Mass., Oct. 13, 2020 (GLOBE NEWSWIRE) -- Vir Biotechnology, Inc. (Nasdaq: VIR) and Alnylam Pharmaceuticals, Inc. (Nasdaq: ALNY) announced today that Phil Pang, M.D., Ph.D., Chief Medical Officer of Vir, and Vasant Jadhav, Ph.D., Vice President, Research at Alnylam, will jointly participate in a virtual fireside chat at the H.C. Wainwright Hepatitis B Virus Mini-Conference on Tuesday, October 20, 2020 at 9:30 am PT/ 12:30 pm ET via webcast. A live webcast of the presentation can be accessed under Events & Presentations in the Investors section of the Vir website at www.vir.bio and will be archived there following the presentation for 30 days. A live audio webcast of the presentation will also be available on the Investors section of Alnylam’s website at www.alnylam.com/events. A replay will be available on the Alnylam website within 48 hours after the event.About Vir Biotechnology Vir Biotechnology is a clinical-stage immunology company focused on combining immunologic insights with cutting-edge technologies to treat and prevent serious infectious diseases. Vir has assembled four technology platforms that are designed to stimulate and enhance the immune system by exploiting critical observations of natural immune processes. Its current development pipeline consists of product candidates targeting hepatitis B virus, influenza A, SARS-CoV-2, human immunodeficiency virus and tuberculosis. For more information, please visit www.vir.bio.About Alnylam Pharmaceuticals Alnylam (Nasdaq: ALNY) is leading the translation of RNA interference (RNAi) into a whole new class of innovative medicines with the potential to transform the lives of people afflicted with rare genetic, cardio-metabolic, infectious, and central nervous system (CNS)/ocular diseases. Based on Nobel Prize-winning science, RNAi therapeutics represent a powerful, clinically validated approach for the treatment of a wide range of severe and debilitating diseases. Founded in 2002, Alnylam is delivering on a bold vision to turn scientific possibility into reality, with a robust RNAi therapeutics platform. Alnylam’s commercial RNAi therapeutic products are ONPATTRO® (patisiran), approved in the U.S., EU, Canada, Japan, Switzerland and Brazil, and GIVLAARI® (givosiran), approved in the U.S., EU, and Brazil. Alnylam has a deep pipeline of investigational medicines, including six product candidates that are in late-stage development. Alnylam is executing on its “Alnylam 2020” strategy of building a multi-product, commercial-stage biopharmaceutical company with a sustainable pipeline of RNAi-based medicines to address the needs of patients who have limited or inadequate treatment options. Alnylam is headquartered in Cambridge, MA. For more information about our people, science and pipeline, please visit www.alnylam.com and engage with us on Twitter at @Alnylam or on LinkedIn. CONTACT: Contact: Vir Biotechnology, Inc. Investors Neera Ravindran, MD VP, Head of Investor Relations & Strategic Communications nravindran@vir.bio +1-415-506-5256 Media Cara Miller VP, Corporate Communications cmiller@vir.bio +1-415-941-6746 Alnylam Pharmaceuticals, Inc. Christine Regan Lindenboom (Investors and Media) +1-617-682-4340 Josh Brodsky (Investors) +1-617-551-8276