Invivyd Announces $20 Million to $25 Million Improvement in Projected 2024 Year-End Cash Position
WALTHAM, Mass., April 30, 2024 (GLOBE NEWSWIRE) — Invivyd, Inc. (Nasdaq:IVVD), a biopharmaceutical company devoted to protection from serious viral infectious diseases, today announced that following a comprehensive strategic review, the company is improving its projected 2024 year-end cash position by approximately $20 million to $25 million. Invivyd now expects to end 2024 with at least $75 million in cash and cash equivalents.