tiprankstipranks
The Fly

Invivyd pulls 2024 revenue guidance on ‘recent growth headwind’

Invivyd pulls 2024 revenue guidance on ‘recent growth headwind’

The company said, “Withdraws formal revenue guidance due to recent growth headwind from U.S. FDA’s late-Q3 2024 warning on potential for substantially reduced activity of pemivibart through the PEMGARDA Fact Sheet and other media based on contested, third-party, non-peer-reviewed, non-reproducible, virologic activity data from a non-pemivibart antibody.”

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

1