Shares of AIM Vaccine, a leading Chinese vaccine manufacturer, skyrocketed 30% on Monday after the company announced that the Phase 3 clinical trial results for its serum-free rabies vaccine demonstrated good immunogenicity and safety.
Unlike traditional rabies vaccines that contain animal serum, AIM Vaccine's serum-free formulation eliminates the risk of adverse reactions associated with serum proteins. This innovative approach not only enhances the vaccine's safety profile but also positions AIM Vaccine as a frontrunner in the global rabies prevention market.
The positive clinical trial outcome represents a significant milestone for AIM Vaccine, paving the way for regulatory approvals and commercial launch. Investors welcomed the news, propelling the company's stock to new heights, underscoring the market's confidence in AIM Vaccine's ability to deliver innovative and potentially life-saving solutions.
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