HilleVax hobbling on but cuts 40% of workers

1 August 2024

Boston, USA-based vaccines company HilleVax (Nasdaq: HLVX) has attempted to stem the tide following its announcement of disastrous norovirus trial results last month.

The company saw its shares plummet more than 88% on a single day in early July as it pulled the plug on its lead vaccine candidate in infants.

HilleVax failed with its NEST-IN1 Phase IIb trial of HIL-214 in infants of around five months of age at the time of initial vaccination.

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