Novavax to start human trials for Covid-19 vaccine candidate in Australia
Results of the first portion of trials are expected for July
Company
NASDAQ:NVAX
Novavax is a clinical-stage biopharmaceutical company creating novel vaccines to address a broad range of infectious diseases worldwide, including H1N1, using advanced proprietary virus-like particle (VLP) technology.
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Results of the first portion of trials are expected for July
The clinical-stage biotech plans to meet with the FDA in the first half of the year to discuss the Phase 2 clinical trial results
The stock was priced 21% lower than previous closing price
Novavax said its NanoFlu recombinant vaccine was 47% to 64% more effective against different strains of H3N2 than the standard flu vaccine
Those who were given the RSV F vaccine had a 52% reduction in recent respiratory syncytial virus (RSV) infection
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The proceeds will be used to advance its clinical-stage vaccine candidates.