Evaxion Biotech (EVAX) has released an update.
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Evaxion Biotech reports significant progress in Q3 2024, highlighted by an expanded partnership with Merck and promising clinical results for its personalized cancer vaccine, EVX-01. Despite a cash position of $4.6 million and a net loss reduction, the company faces potential Nasdaq delisting due to equity compliance issues. Evaxion remains confident in its multi-partner strategy to drive future growth and income.
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