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U.S. FDA Authorizes Novavax's COVID Vaccine As Booster for Adults

Reuters2022-10-19

Oct 19 (Reuters) - The U.S. Food and Drug Administration on Wednesday authorized Novavax Inc's(NVAX.O)COVID-19 vaccine as a booster for adults.

The booster authorization applies to people who are unable to get updated Omicron-tailored boosters, or those who would choose not to receive any other booster dose of a vaccine.

The regulator's decision is in addition to the earlier clearance for the vaccine as a primary two-shot regimen for those 12 years and above.

The company, however, has been struggling with sales of the vaccine and in August had halved its full-year revenue forecast, saying it does not expect further sales of its COVID-19 shot in the United States this year.

Novavax shares jumped 3.44% in morning trading.

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Comment11

  • SoulMetta
    ·2022-10-21
    So far there are no negative reports for those who have taken Novavax however the news seemed to be side the others like Pfizer Monderna Sinovax etc...am wondering if there is less margin to be earned 🤔
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  • Vincent1968
    ·2022-10-20
    How far can this go?
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  • MySGX
    ·2022-10-20
    Noted
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    • MySGX
      Noted
      2022-10-20
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  • TaiWoeiHaur
    ·2022-10-20
    Good morning 
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  • KFChen
    ·2022-10-20
    Ok
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    • sleepycat
      stonks
      2022-10-20
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  • andrew123
    ·2022-10-20
    Like
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  • Frosty4ever
    ·2022-10-20
    Too little too late. Missed the boat. 
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  • phantom74
    ·2022-10-20
    likr
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    • RBeaver
      Y
      2022-10-20
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  • YJ Lee
    ·2022-10-20
    Ok
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  • FrankieTok
    ·2022-10-20
    Ok
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  • Pluto891
    ·2022-10-19
    in spirit, covid is gonna be like influenza?
    Reply
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