Invivyd’s Financial Stability Hangs in the Balance as HHS Reviews PEMGARDA’s Emergency Use Authorization
Company Announcements

Invivyd’s Financial Stability Hangs in the Balance as HHS Reviews PEMGARDA’s Emergency Use Authorization

Invivyd (IVVD) has disclosed a new risk, in the Regulation category.

Don't Miss out on Research Tools:

Invivyd faces a significant business risk with its EUA for PEMGARDA, which hinges on the U.S. Department of Health and Human Services’ (HHS) ongoing evaluation of the public health emergency. Granted by the FDA under emergency circumstances, the EUA allows PEMGARDA’s use for specific high-risk populations in the absence of approved alternatives. However, should HHS decide the emergency use is no longer necessary, Invivyd would be compelled to discontinue marketing PEMGARDA in the U.S., which could severely disrupt its commercial operations and adversely affect its financial health. The inability to predict the EUA’s lifespan adds uncertainty to Invivyd’s market strategy and potential revenue streams.

Overall, Wall Street has a Moderate Buy consensus rating on IVVD stock based on 2 Buys.

To learn more about Invivyd’s risk factors, click here.

Related Articles
TipRanks Auto-Generated NewsdeskInvivyd’s Q3 2024: Revenue Growth and Strategic Developments
TheFlyInvivyd reports Q3 EPS (51c) vs (36c) last year
TheFlyInvivyd announces NEJM published letter to editor on PEMGARDA
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App