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Novavax skyrockets after US government grants $1.6 billion for coronavirus vaccine creation

28 days ago   |   By Business Insider

Novavax shares spiked as much as 38% early Tuesday after receiving $1.6 billion in coronavirus vaccine funding from the US government.
The award is the largest yet from Operation Warp Speed, the White House's plan to rapidly develop and deliver a viable vaccine for the coronavirus pandemic.
Part of the grant will fund a Phase 3 trial starting in the fall, according to a press release. Novavax also plans to use the award for delivering 100 million vaccine doses by the end of the year.
Watch Novavax trade live here .
Novavax stock surged as much as 38% in early Tuesday trading after the US...
Read more ...

 

Novavax skyrockets after US government grants $1.6 billion for coronavirus vaccine creation

Novavax skyrockets after US government grants $1.6 billion for coronavirus vaccine creation

28 days ago   |   By Business Insider

Novavax shares spiked as much as 38% early Tuesday after receiving $1.6 billion in coronavirus vaccine funding from the US government.
The award is the largest yet from Operation Warp Speed, the White House's plan to rapidly develop and deliver a viable vaccine for the coronavirus pandemic.
Part of the grant will fund a Phase 3 trial starting in the fall, according to a press release. Novavax also plans to use the award for delivering 100 million vaccine doses by the end of the year.
Watch Novavax trade live here .
Novavax stock surged as much as 38% in early Tuesday trading after the US...
Read more ...

 


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