- Altimmune Inc ALT has announced new results from a preclinical study of AdCOVID, the company's vaccine candidate.
- Data demonstrated that the vaccine neutralized the COVID-19 B.1.351 variant that originated in South Africa.
- The neutralizing titer against the B.1.351 variant virus was only 4.4-fold lower than the original Wuhan-like isolate when measured seven weeks after a single intranasal dose of AdCOVID.
- Furthermore, in mice that received a booster dose of AdCOVID, the reduction in the neutralizing titer against the variant was only 1.8-fold lower at seven weeks post-vaccination; statistically the same as the neutralization titer against the Wuhan isolate.
- Price Action: ALT shares are up 5.2% at $12.41 during the premarket session on the last check Wednesday.
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