FDA Declined Invivyd's Request to Expand Existing Emergency Use Authorization of PEMGARDA™ (pemivibart) to Include Treatment of Mild-to-Moderate COVID-19 For Immunocompromised Persons Who Have No Alternative Therapeutic Options; No Change to the Existing PEMGARDA EUA for Pre-Exposure Prophylaxis of COVID-19 in Certain Immunocompromised Patients
1. FDA declines IVVD’s request to expand PEMGARDA EUA for COVID-19 treatment. The decision limits treatment options for immunocompromised patients. 2. FDA requires superior antiviral activity over comparators; IVVD provided bridging analysis data. The analysis showed activity comparable, not exceeding, the key comparator. 3. Existing PEMGARDA EUA for pre-exposure prophylaxis remains active. IVVD now seeks to advance VYD2311 to address current COVID-19 treatment gaps. 4. Regulatory pushback leaves a gap in IVVD’s treatment ambitions. The financial guidance did not account for a treatment opportunity.