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Stock impact report

Novavax seeks FDA approval for updated Covid-19 vaccine [Yahoo! Finance]

Novavax, Inc. (NVAX) 
Last novavax, inc. earnings: 3/11 04:17 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.novavax.com/investor-relations
Company Research Source: Yahoo! Finance
The company has sought an amendment to its emergency use authorisation to the Covid-19 vaccine. The move aligns with recommendations from the FDA, European Medicines Agency (EMA), and the World Health Organization (WHO) to target the JN.1 lineage for the upcoming fall season. In June 2024 the FDA's Vaccines and Related Biological Products Advisory Committee recommended the development of an updated Covid-19 vaccine to target the JN.1 variant for 2024 to 2025. The JN.1 vaccine by Novavax has shown promising results, with broad cross-neutralising antibodies effective against variant strains including KP.2 and KP.3. These findings suggest the vaccine could offer protection against evolving variants. According to nonclinical studies, Novavax's JN.1 vaccine elicits a comprehensive neutralisation response to JN.1 lineage viruses, including those with the F456L and R346T mutations, and to the variants FLiRT and FLuQE. The updated NVX-CoV2705 specifically targets the parent strain Show less Read more
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