CureVac Announces Financial Results for the Second Quarter and First Half of 2022 and Provides Business Update

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Aug 18, 2022
  • Delivering on broad 2022 second-generation vaccine development program with expansion into modified mRNA technology in collaboration with GSK; new candidates in COVID-19 and influenza enter clinical studies
    • Phase 1 initiated for modified COVID-19 vaccine candidate CV0501, targeting Omicron variant
    • Phase 1 initiated for modified influenza vaccine candidate FLU SV mRNA
  • Accelerating oncology strategy with complementary technology platforms and strong leadership support
    • Acquisition of Frame Cancer Therapeutics adds advanced genomics and bioinformatics capabilities to feed pipeline of cancer vaccine candidates
    • Appointment of Dr. Myriam Mendila, M.D., as Chief Development Officer adds international experience and expertise in building a broad oncology product portfolio
  • Cash position of €573.6 million as of June 30, 2022; decreasing headwind of wind-down costs for first-generation COVID-19 vaccine program