FAILDEX失樂園
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Vaxxinity

The business, the turning points, and the decisions behind them.

Founded2014
FundingUS$9.3M
Some sections are still being researched2 / 4

Sections to complete:02 · 05

01 / WHAT IT BUILT

What the company did

Vaxxinity is a US biotechnology company founded by Lou Reese and led by CEO Mei Mei Hu, pioneering a new class of synthetic, peptide-based active immunotherapy medicines. Its platform aims to bring the efficiency of vaccines to the treatment of chronic diseases, with pipeline candidates targeting Alzheimer's, Parkinson's, migraine and hypercholesterolemia.

02 / FAILURE REASONS

Pending assessment

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03 / EVENT HISTORY

Events in the structured record

  1. Founded

    Vaxxinity was founded in the United States to develop peptide-based active immunotherapy medicines for chronic diseases.

  2. Nasdaq IPO

    The company went public on Nasdaq under the ticker VAXX, listing at $16.11.

  3. Voluntary delisting

    Vaxxinity announced its intention to voluntarily delist from Nasdaq and deregister its shares, 'going dark' to escape what the founders called an 'abusive relationship' with public markets — citing the biotech market downturn, withdrawn institutional support and dried-up liquidity — while continuing to operate privately with positive Phase 3 data, an FDA Fast Track designation for its Alzheimer's program and two new programs entering the clinic.

04 / CONTEMPORARY REBUILD ASSESSMENT

Difficulty of rebuilding this project today

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Rebuild difficultyPending assessmentNot completed
Scoring basisNot completed
ScalabilityPending assessmentNot completed
Scoring basisNot completed

Overall assessment: Not completed

05 / CAUSAL CHAIN / AFTERMATH

Pending assessment

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