Shares in Vaxart (VXRT) exploded by 96% in Thursday’s trading, and continued to rally a further 27% after-hours, after the biotech announced a deal for its oral Covid-19 vaccine.The company revealed that it has now signed a Memorandum of Understanding with Attwill Medical Solutions Sterilflow, affirming the parties’ intent to establish AMS as a resource for lyophilization development and large-scale manufacturing including tableting and enteric coating for Vaxart’s oral COVID-19 vaccine.AMS will be assigning dedicated resources and equipment for the scale up and commercial production of the vaccine upon entering a formal agreement, Vaxart said.“We believe AMS’ experience coupled with …read more
Source:: Yahoo Finance
