Novavax Inc (NVAX)

[RNsidersbuying]

Mr. Erck requested funds from President Trump face-to-face. Is there even a remote possibility Trump will refuse?

MR. ERCK: No, and we’re trying to identify scale so that we can get to the billion (inaudible) scale both for — we have the vaccine antigen and adjuvant. And you put those together and you get the most promising result, we think. And so we desperately need and have good relationships with the FDA and to work with the FDA to see where, instead of waiting 30 days, for — to get to an IND, you get in 10 days or 21 — whatever the number is. But there are a lot of things that we can do with the FDA.

And, frankly, we need money. We’re a biotech company, and not one of the larger pharma companies. And so we need money to get scale.

THE PRESIDENT: But you work with the other companies also?

MR. ERCK: And we have worked with the other companies and on this particular instance, we have not yet. But we can.

https://www.whitehouse.gov/briefings-statements/remarks-president-trump-members-coronavirus-task-force-meeting-pharmaceutical-companies/