Why Novavax (NVAX) Stock Price Appreciated 14% on Monday [Yahoo! Finance]
Novavax, Inc. (NVAX)
Last novavax, inc. earnings: 3/11 04:17 pm
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Source: Yahoo! Finance
This withdrawal comes a week after Novavax signed a multi-billion-dollar deal with pharma giant Sanofi SNY, breathing new life into the former, which had been facing uncertainties in its business for a long time. This deal even allowed Novavax to do away with its previous concerns about its ability to continue as a ‘going concern.' Per Shah, the partnership with Sanofi is ‘a long-awaited step in the right direction' for Novavax. Beginning next year, Sanofi will gain rights to co-market Novavax's protein-based COVID-19 vaccine, Nuvaxovid, globally. The French drugmaker will also have the sole license to develop and market the Novavax vaccine in combination with its influenza vaccine. In return, Novavax will be eligible to receive up to $1.2 billion, including $500 million in upfront payment and the rest in milestone payments. NVAX will also be eligible to receive tiered double-digit percentage royalty payments on product sales under this deal. In addition to the above deal, Sanofi
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News
- Novavax Submits Application to U.S. FDA for Updated Protein-based 2024-2025 Formula COVID-19 Vaccine [Yahoo! Finance]Yahoo! Finance
- Novavax Submits Application to U.S. FDA for Updated Protein-based 2024-2025 Formula COVID-19 VaccinePR Newswire
- Novavax, Inc. (NASDAQ: NVAX) had its price target raised by analysts at Bank of America Co. from $12.00 to $18.00. They now have a "neutral" rating on the stock.MarketBeat
- Bull Market and Beyond: 3 Stocks Just Waiting to Soar [Yahoo! Finance]Yahoo! Finance
- Novavax, Inc. (NASDAQ:NVAX) has caught the attention of institutional investors who hold a sizeable 49% stake [Yahoo! Finance]Yahoo! Finance
NVAX
Earnings
- 2/28/24 - Miss
NVAX
Analyst Actions
- 5/13/24 - HC Wainwright
NVAX
Sec Filings
- 6/14/24 - Form 4
- 6/14/24 - Form 4
- 6/14/24 - Form 4
- NVAX's page on the SEC website