Biotech Steals The Mid-Week Spotlight With Key Announcement

By: Tomas Ronolski - AllPennyStocks.com News

Wednesday, June 11, 2025

A California-based biotech company stole the show on Wednesday after the company reported positive clinical data demonstrating that its second-generation vaccine technology produces much stronger antibody responses than its first-generation technology, according to a recent press release.

Traders wasted little time buying up shares of Vaxart Inc. (Nasdaq:VXRT) on Wednesday, pushing the small cap to close the session up at $0.5041/share (+28.30%).

Vaxart Inc is a clinical-stage biotechnology company. It focuses on the development of oral recombinant vaccines to protect against a wide range of infectious diseases. The products under its tablet pipeline consist of the treatment of Coronavirus, Norovirus, Seasonal Influenza, RSV(respiratory syncytial virus), and HPV(Human papillomavirus) Therapeutic. It operates in a single segment, which is the discovery and development of oral recombinant protein vaccines. Geographically all the business activity functions through the region of the United States.

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