iBio Advances Its Vaccine Program for Multi-Variant COVID-19 Disease


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iBio Inc (NYSE:IBIOreceived the FDA response to its pre-investigational new drug (IND) package for IBIO-202, the Company's lead COVID-19 vaccine program. 

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  • In light of the feedback received, the Company is moving forward with IND-enabling challenge studies for its second-generation vaccine candidate targeting the nucleocapsid (N) protein. 
  • It plans to file an IND application before the end of calendar 2022.
  • The Company previously reported completing extensive preclinical studies and identifying an antigen-adjuvant pairing with a favorable Th1 skew. 
  • The cytokine response observed with this pairing indicated a primary immune response, differentiation of mature T cells, and reactivation of memory T-cells.
  • In September 2021, iBio submitted a pre-IND package for IBIO-202 to the FDA. 
  • In November 2021, the Company entered a collaboration agreement with a provider of microarray patch systems to evaluate the feasibility of intradermal delivery of a COVID-19 vaccine antigen. 
  • Price Action: IBIO shares are down 1.29% at $0.47 during the market session on the last check Wednesday.

27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


Posted In: BiotechNewsPenny StocksHealth CareGeneralBriefsCOVID-19 CoronavirusCOVID-19 Vaccinewhy it's moving