Replies to post #8334 on Novavax Inc (NVAX)

[mick]

KIND OF BULLISH OF LATE

[mick]

[-chart]www.stockscores.com/chart.asp?TickerSymbol=NVAX&TimeRange=1825&Interval=w&Volume=1&ChartType=CandleStick&Stockscores=1&ChartWidth=1100&ChartHeight=480&LogScale=&Band=&avgType1=&movAvg1=&avgType2=&movAvg2=&Indicator1=None&Indicator2=None&Indicator3=None&Indicator4=None&endDate=&CompareWith=&entryPrice=&stopLossPrice=&candles=redgreen[/chart]

[mick]

NO LIKE DIS STUFF <> $NVAX <> raised doubts about its ability to remain in business, flagging uncertainties around its revenue and funding crunch.


Novovax – which has its COVID-19 vaccine as the only marketed product after 35 years in business – has raised doubts about its ability to remain in business, flagging uncertainties around its revenue and funding crunch.

The company said in May it expects 2023 revenue between $1.4 billion and $1.6 billion, of which $800 million was from "locked-in" overseas purchase contracts for the COVID shot that it has committed to ship this year.

(Reporting by Khushi Mandowara in Bengaluru; Editing by Shweta Agarwal)

[mick]

NO LIKE DIS STUFF <> $NVAX <> raised doubts about its ability to remain in business, flagging uncertainties around its revenue and funding crunch.


Novovax – which has its COVID-19 vaccine as the only marketed product after 35 years in business – has raised doubts about its ability to remain in business, flagging uncertainties around its revenue and funding crunch.

The company said in May it expects 2023 revenue between $1.4 billion and $1.6 billion, of which $800 million was from "locked-in" overseas purchase contracts for the COVID shot that it has committed to ship this year.

(Reporting by Khushi Mandowara in Bengaluru; Editing by Shweta Agarwal)

[stock1ace1]

Novavax's Updated Protein-based XBB COVID Vaccine Induced Neutralizing Responses Against Emerging Subvariants, Including EG.5.1 and XBB.1.16.6

Source: PR Newswire (US)
Novavax's 2023-2024 season COVID vaccine candidate induced neutralizing responses to emerging subvariants EG.5.1 and XBB.1.16.6 in addition to XBB.1.5, XBB.1.16 and XBB.2.3
Upon regulatory approval, Novavax's COVID vaccine would be the only protein-based non-mRNA vaccine option available in key markets for the fall season
GAITHERSBURG, Md., Aug. 22, 2023 /PRNewswire/ -- Novavax, Inc. (Nasdaq: NVAX), a global company advancing protein-based vaccines with its novel Matrix-M™ adjuvant, today announced that its updated protein-based XBB COVID vaccine candidate induced neutralizing antibody responses to the EG.5.1 and XBB.1.16.6 subvariants in small animal and non-human primate studies. XBB sublineage variants are overwhelmingly responsible for the majority of current COVID cases in the U.S. and European Union.1, 2

"Our data have shown that Novavax's protein-based COVID vaccine induces broadly neutralizing responses against XBB subvariants, including EG.5.1 and XBB.1.16.6," said Filip Dubovsky, President of Research and Development, Novavax. "We have a lot of confidence in our updated COVID vaccine and are working diligently with global regulatory bodies to ensure our protein-based vaccine is available this fall."

Non-clinical data previously showed that Novavax's COVID vaccine candidate induced functional immune responses for XBB.1.5, XBB.1.16 and XBB.2.3 variants, indicating a broad response that could potentially be applicable for forward-drift variants.3 Novavax is in the process of submitting applications for its XBB.1.5 COVID vaccine candidate to regulatory authorities globally.