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0 0.00050276520864764 -0.00502765208647551 -0.00301659125188531 -0.00301659125188531 -0.00301659125188531 -0.00301659125188531 -0.00301659125188531
Stock impact report

Why Are Novavax (NVAX) Shares Soaring Today [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
Under the non-exclusive agreement, Pfizer gained access to Novavax's technology that boosts immune responses to vaccines. In return, Novavax received an upfront payment of $30 million. The company also became eligible for up to an additional $500 million in potential development and sales milestone payments. Furthermore, the deal included tiered, mid-single-digit percentage royalty payments to Novavax on sales of any Pfizer product that incorporated the Matrix-M adjuvant. The agreement covered the use of the technology in up to two different infectious disease areas. Is now the time to buy Novavax? Access our full analysis report here, it's free Novavax's shares are extremely volatile and have had 48 moves greater than 5% over the last year. But moves this big are rare even for Novavax and indicate this news significantly impacted the market's perception of the business. The previous big move we wrote about was 19 days ago when the stock gained 3% on the news that reports revea Show less Read more
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