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Stock impact report

Where Will Novavax Be in 1 Year? [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
Those headwinds included the difficulties it faced in launching its COVID vaccine in the U.S. and the significant slowdown in demand for these products, leading to a decline in revenue and earnings for the biotech. However, several developments have jolted Novavax's stock since January. The company's shares are up by just under 200% this year. Can it keep up that momentum through the next 12 months? Let's find out. A lucrative partnership with a larger biotech Novavax faced significant uncertainty entering the year, but a recent partnership with Sanofi (NASDAQ: SNY) , a much larger biotech, helped dispel some of this uncertainty. Sanofi made an up-front payment of $500 million to Novavax. In exchange, the France-based biotech obtained the right to commercialize Nuvaxovid, Novavax's COVID vaccine, in most countries worldwide. Sanofi also got the license to use the biotech's adjuvant technology to boost vaccine efficacy. Novavax will be entitled to development and regulatory Show less Read more
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