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An announcement from Virax Biolabs Group Ltd. Class A ( (VRAX) ) is now available.
Virax Biolabs has announced strategic goals for 2025, including the launch of a clinical study in the UK to assess its ViraxImmune platform’s performance in detecting T-cell dysfunction in post-acute infectious syndrome patients. The company plans to expand its global distribution network and advance its U.S. regulatory and clinical development, aiming to establish itself as a leader in immune diagnostic solutions. These developments are supported by increased R&D investments, expansion of laboratory facilities, and new distribution agreements, positioning the company for significant growth and innovation in the coming year.
More about Virax Biolabs Group Ltd. Class A
Virax Biolabs Group Limited is an innovative biotechnology company focused on the detection of immune responses to and diagnosis of viral diseases. The company is developing T-Cell-based test technologies aimed at providing an immunology profiling platform, which is particularly effective in diagnosing and treating post-viral syndromes such as Long COVID and other chronic conditions linked to immune dysregulation.
YTD Price Performance: 5.48%
Average Trading Volume: 1,754,972
Technical Sentiment Consensus Rating: Buy
See more data about VRAX stock on TipRanks’ Stock Analysis page.
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