Invivyd, Inc. (Nasdaq: IVVD) today announced a strategic
partnership with renowned professional football coach Jim Harbaugh
to raise awareness about the ongoing short and potential long-term
risks of COVID-19 to the broad population and especially people who
are immunocompromised, and encourage people to learn more about
their potential options. This collaboration will highlight Coach
Harbaugh in live and social media initiatives.
Even nearly five years after the start of the pandemic, COVID-19
is causing an American death approximately every 9 minutes,1 and,
in 2024, caused approximately 59,000 deaths,2 665,000
hospitalizations,2 and growing burden of Long COVID over time,
despite broadly available and utilized vaccine boosts and small
molecule therapy. In addition, the percentage of COVID-19
associated hospitalizations with intensive care unit (ICU)
admissions is once again on the rise.3 A recent article
published in the Journal of Infectious Diseases4 discusses how
the current health and economic burden of the long-term impacts of
COVID-19 may already exceed several other chronic diseases and will
persist as COVID-19 cases continue to rise. This could be a
significant drain not only on patients, but also on businesses,
third party payers, healthcare systems, and all of society.
“As a long-time coach, I want players on the field, fans in the
stands, and friends and family gathering to enjoy the game. But,
COVID-19 has and continues to sideline many people,” said Coach
Harbaugh. “While COVID-19 may seem like old news to some, many
Americans continue to get sick, are hospitalized, and are dying
from COVID-19, despite many of us having been vaccinated. The
extent of damage to our bodies in the long-term is still unknown.
The good news is for many there are options other than vaccines and
people are encouraged to visit www.expandtheiroptions.com to learn
more.”
“We are thrilled to have Coach Harbaugh on our team as we work
to educate healthcare providers as well as the millions of
immunocompromised people we serve about the continued prevalence
and significant risks of COVID-19, which is common, but not a
cold,” noted Julie Green, Invivyd’s Chief Human Resources Officer
and Head of Communications. “We are grateful to Coach Harbaugh for
his passion to raise awareness about the ongoing prevalence and
impact of COVID-19 and his determination for people to seek options
that may help them find ways to safely enjoy activities they love,
like watching the big game with family and friends.”
About InvivydInvivyd, Inc. (Nasdaq: IVVD) is a
biopharmaceutical company devoted to delivering protection from
serious viral infectious diseases, beginning with SARS-CoV-2.
Invivyd deploys a proprietary integrated technology platform unique
in the industry designed to assess, monitor, develop, and adapt to
create best in class antibodies. In March 2024, Invivyd received
emergency use authorization (EUA) from the U.S. FDA for a
monoclonal antibody (mAb) in its pipeline of innovative antibody
candidates. Visit https://invivyd.com/ to learn more.
1 “Trends in United States COVID-19 Deaths, Emergency Department
(ED) Visits, and Test Positivity by Geographic Area”. COVID Data
Tracker. Center for Disease Control and Prevention (CDC).
https://covid.cdc.gov/covid-data-tracker/#trends_weeklydeaths_select_00.
Accessed January 16, 2025.
2 From October 7, 2023, through September 28, 2024, the
2023-2024 respiratory season; hospitalizations calculated by
Invivyd based on 334.9 million U.S. Census Bureau estimate of U.S.
population size. Calculations based on cumulative rate for each
disease state taken from the September 28, 2024 data point.
2 “Respiratory Virus Hospitalization Surveillance Network
(RESP-NET)”. Center for Disease Control and Prevention (CDC).
https://www.cdc.gov/resp-net/dashboard/?CDC. Accessed January 16,
2025.
2 “COVID-NET Laboratory-confirmed COVID-19 hospitalizations”.
COVID Data Tracker. Center for Disease Control and Prevention
(CDC). https://covid.cdc.gov/covid-data-tracker/#covidnet-hospitalization-network. Accessed
January 16, 2025.
3 Hospitalization data based on calculations completed by
Invivyd. Hospitalizations calculated based on 334.9 million US
Census Bureau estimate of US population size. Data range from
October 7, 2023, through September 28, 2024, the 2023-2024
respiratory season. ICU, intensive care unit. Reference: “COVID-19
Update for the United States”. COVID Data Tracker. Center for
Disease Control and Prevention (CDC).
https://covid.cdc.gov/covid-data-tracker/#covidnet-hospitalization-network.
Accessed January 16, 2025.
4 Bartsch, Sarah M, et al. “The Current and Future Burden
of Long COVID in the United States (U.S.)”. The Journal of
Infectious Diseases. January 22, 2025.
https://academic.oup.com/jid/advance-article/doi/10.1093/infdis/jiaf030/7972782?login=false.
Accessed February 4, 2025.
Cautionary Note Regarding Forward-Looking
Statements This press release contains forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995. Words such as "anticipates," "believes,"
"could," "expects," "estimates,"
"intends," "potential," "predicts," "projects," and
"future" or similar expressions (as well as other words or
expressions referencing future events, conditions or circumstances)
are intended to identify forward-looking statements.
Forward-looking statements include statements concerning, among
other things, the company's expectations regarding its strategic
partnership with Jim Harbaugh; the company’s efforts to provide
options for COVID-19; expectations regarding the future COVID-19
landscape and the potential impacts of COVID-19; the company's
devotion to delivering protection from serious viral infectious
diseases, beginning with SARS-CoV-2; the potential of Invivyd’s
proprietary technology and its pipeline of innovative antibody
candidates; and other statements that are not historical fact. The
company may not actually achieve the plans, intentions or
expectations disclosed in the company's forward-looking statements
and you should not place undue reliance on the company's
forward-looking statements. These forward-looking statements
involve risks and uncertainties that could cause the company's
actual results to differ materially from the results described in
or implied by the forward-looking statements, including, without
limitation: whether the anticipated benefits of the company’s
strategic partnership with Jim Harbaugh are realized; the timing,
progress and results of the company's discovery, preclinical and
clinical development activities; the risk that results of
nonclinical studies or clinical trials may not be predictive of
future results; unexpected safety or efficacy data observed during
preclinical studies or clinical trials; whether the company's
product candidates are able to demonstrate and sustain neutralizing
activity against major SARS-CoV-2 variants, particularly in the
face of viral evolution; uncertainties related to the regulatory
authorization or approval process, and available development and
regulatory pathways; changes in the regulatory environment; how
long the EUA granted by the U.S. FDA for a mAb in the company’s
pipeline will remain in effect and whether the EUA is revised or
revoked by the U.S. FDA; changes in expected or existing
competition; the company's reliance on third parties; the company's
ability to continue as a going concern; and whether the company has
adequate funding to meet future operating expenses and capital
expenditure requirements. Other factors that may cause the
company's actual results to differ materially from those expressed
or implied in the forward-looking statements in this press release
are described under the heading "Risk Factors" in the company's
Annual Report on Form 10-K for the year ended December 31, 2023 and
the company's Quarterly Report on Form 10-Q for the quarter ended
September 30, 2024, each filed with the Securities and Exchange
Commission (SEC), and in the company's other filings with the SEC,
and in its future reports to be filed with the SEC and available at
www.sec.gov. Forward-looking statements contained in this press
release are made as of this date, and Invivyd undertakes no duty to
update such information whether as a result of new information,
future events or otherwise, except as required under applicable
law.
This press release contains hyperlinks to information that is
not deemed to be incorporated by reference in this press
release.
Contacts:
Media Relations(781) 208-1747media@invivyd.com
Investor Relations(781) 208-1747investors@invivyd.com
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