Why VBI Vaccines Stock Is Vaulting Higher Today
Shares of VBI Vaccines (NASDAQ: VBIV) were vaulting 5.9% higher as of 11:19 a.m. EST on Friday after rising as much as 20.5% earlier in the day. The nice gain came after the company announced positive results from a phase 4 study of its three-antigen hepatitis B virus (HBV) vaccine Sci-B-Vac in younger adults.
VBI said that Sci-B-Vac achieved a seroprotection rate of at least 95% in adults between the ages of 20 and 40 within two months after the second dose of the vaccine. This reflected relatively quick protection against HBV infection in younger adults.
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Source Fool.com
