PDS Biotechnology Reports Financial Results for the First Quarter 2020 and Provides Business Update

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PDS Biotechnology (PDSB) Misses Q1 EPS by 24c

May 13, 2020 6:01 AM EDT

PDS Biotechnology (NASDAQ: PDSB) reported Q1 EPS of ($0.39), $0.24 worse than the analyst estimate of ($0.15).

First Quarter 2020 and Recent Business Highlights

Initiated novel vaccine development programs for COVID-19 and universal influenza;Announced pre-clinical collaboration with Farmacore Biotechnology for tuberculosis;Delayed initiation of Phase 2 VERSATILE-002 trial for PDS0101 in recurrent/metastatic head and neck cancer due to the global COVID-19 pandemic;Secured the U.S. composition of matter patent for the Versamune® platform;Expanded... More