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Vaxcyte Inc. (PCVX) Confident of Topline Data in Pneumococcal Vaccine Trials

Vaxcyte Inc. (NASDAQ:PCVX) is one of the best stocks to buy and hold for the next 6 months. On February 11, Vaxcyte Inc. (NASDAQ:PCVX) confirmed the dosing of the first participants in its OPUS-3 Phase 3 trial. The trial is evaluating the VAX-31 pneumococcal conjugate vaccine in adults who previously received pneumococcal vaccination.

VAX-31 is a candidate 31-valent pneumococcal conjugate vaccine designed to cover approximately 95% of invasive pneumococcal disease. The biotechnology company plans to enroll 720 healthy US adults aged 50 and older who have previously received pneumococcal vaccination into the trial.

The company is optimistic about topline data from the OPUS-3 and OPUS-2 trials in the first half of 2027. The US Food and Drug Administration has already granted VAX-31 Breakthrough Therapy designation for the use of the vaccine in pneumococcal disease and pneumonia caused by Streptococcus pneumoniae.

Earlier on February 2, Vaxcyte closed a $632.5 million public offering following the sale of 12.65 million shares. The new capital injection positions the company in a solid financial position to advance the development of VAX-31, a 31-valent pneumococcal conjugate vaccine.

Vaxcyte Inc. (NASDAQ:PCVX) is a clinical-stage biotechnology company developing engineered, high-fidelity vaccines to treat and prevent bacterial infections. Using a proprietary cell-free protein synthesis platform, it develops vaccines targeting complex, hard-to-treat diseases, with a primary focus on pneumococcal conjugate vaccines (PCVs) for adults and infants.

While we acknowledge the potential of PCVX to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than PCVX and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 11 Best High Return Penny Stocks to Buy Right Now and 10 High-Growth Low PE Stocks to Buy Now.

Disclosure: None. This article is originally published at Insider Monkey.

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Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

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  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

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