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IVVD — Invivyd News Story

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Invivyd rises after unveiling promising new antibody for children

** Shares of drugmaker Invivyd IVVD.O rise 2% to $2.55 premarket

** Company says it identifies a new antibody, VBY329, designed to prevent respiratory syncytial virus or RSV infections in newborns, infants and children

** RSV is a virus that can cause serious lung infections in infants

** Lab tests show VBY329 works better than company's current medicines nirsevimab and clesrovimab - IVVD

** It also fights RSV strains that no longer respond to nirsevimab, company says

** Drug is designed to stay longer in the body, which may give babies longer protection - IVVD

** Up to last close, shares have jumped more than fivefold YTD

(Reporting by Sahil Pandey in Bengaluru)

((Sahil.Pandey@thomsonreuters.com))

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