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Such conversion is expected to increase Evaxion’s equity by $3.7 million immediately upon completion. The conversion would significantly enhance Evaxion’s equity and capital structure. As such, it is an important part of Evaxion’s plan on ensuring ongoing compliance with the Nasdaq listing requirements. About EVAXION Evaxion Biotech A/S is a pioneering TechBio company based upon its AI platform, AI-Immunology. Evaxion’s proprietary and scalable AI prediction models harness the power of artificial intelligence to decode the human immune system and develop novel immunotherapies for cancer, bacterial diseases, and viral infections. 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They were followed by medical device maker EDAP TMS  and pharmaceutical company Ascendis Pharma , which increased 3.1% and 2.7% respectively.The decliners from continental Europe were led by biotech firm Evaxion Biotech  and biopharmaceutical company DBV Technologies , which fell 18% and 3.1% respectively. They were followed by biopharmaceutical company Cellectis  and petroleum refiner Equinor , which were down 2.8% and 2.4% respectively.From the UK and Ireland, the gainers were led by biopharmaceutical company Bicycle Therapeutics  and biotech firm Autolus Therapeutics , which advanced 8.6% and 5% respectively. 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announces 2025 milestones reflecting continued strong strategy execution","url":"https://stock-news.laohu8.com/highlight/detail?id=2490249267","media":"GlobeNewswire","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2490249267?lang=en_us&edition=fundamental","pubTime":"2024-12-09 21:00","pubTimestamp":1733749200,"startTime":"0","endTime":"0","summary":"With most of Evaxion’s strategic milestones for 2024 now successfully achieved, the company announces milestones for 2025. The 2025 key milestones reflect all parts of Evaxion’s strategy for value realization. Evaxion expects to discuss the milestones at an investor event in the first quarter of 2025. COPENHAGEN, Denmark, December 9, 2024 - Evaxion Biotech A/S  , a clinical-stage TechBio company specializing in developing AI-Immunology powered vaccines, announces its strategic milestones for 2025 after having now achieved almost all the milestones set for 2024.The 2025 milestones reflect Evaxion’s high activity level, broad pipeline and strong external interest in potential partnerships around both our AI-Immunology platform and pipeline assets. As such, the milestones underscore our continued anticipated strategic progress.All this is reflected in the 2025 milestones as listed below. 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