Novavax

Novavax filed for emergency use for its COVID-19 vaccine with the FDA Jan. Novavax Inc on Monday revealed a sharp drop in first-quarter COVID-19 research funding and said it shipped less than a fourth of the total vaccine deliveries slated for 2022 dragging shares of.

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Novavax reported adjusted earnings of 256 per share on revenue of 704 million.

. Bank of America Securities analyst Alec Stranahan. Analysts polled by. Novavax is testing its two-dose COVID-19 vaccine in a phase 3 trial in the US.

NASDAQ Updated Jun 6 2022 1159 PM NVAX 4754 278 621. Novavax is not currently registered for use as a booster dose. But on Thursday the company reported encouraging results from a.

Novavax is the first protein-based COVID-19 vaccine to be provisionally approved by the Therapeutic Goods Administration TGA. Novavax Shares dropped more than 10 after the biotech company reported an earnings miss. Novavax stock was dropping Friday after receiving a Sell-equivalent rating the first since December 2020 and the only one from Wall Street.

Analysts on average expect the company to report of EPS of 4 cents on revenue of 44342 million according to BenzingaPro dataThis would mean unchanged EPS and a 335 year-over-year revenue. Immunocompromised individuals who have received 3 primary doses of a COVID-19 vaccine are also recommended to have a booster dose in line with the timing for the general population. Two months later there is still no sign of a decision from regulators.

It has been proven safe and effective in protecting against severe illness or death associated with COVID-19 infection with clinical trial data showing a robust immune response providing around 90 per cent protection.

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