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Evaxion narrows Q2 net loss as G&A spending falls on lower capital markets costs, company says
- For Q2 2026, net loss narrowed to USD 3.73 million from USD 4.83 million, reflecting lower general and administrative spending.
- General and administrative expense fell to USD 1.51 million from USD 2.21 million, driven by lower capital markets transaction costs.
- Research and development expense rose to USD 2.33 million from USD 2.17 million on project-related pipeline program costs.
- Cash and cash equivalents declined to USD 14 million at June 30, 2026 from USD 23.2 million at Dec. 31, 2025.
- Management kept its cash runway outlook unchanged, projecting funding into the second half of 2027 under current plans and forecast cash burn.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Evaxion A/S published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001171843-26-005671), on August 20, 2026, and is solely responsible for the information contained therein.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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