$Novavax(NVAX)$Novavax blamed the reduced sales guidance on alack of new Covid-19 vaccine salesin the U.S. It also cited poor sales resulting from the company’s international alliance, Covax, which targets vaccines in developing nations. While FDA approval of Novavax’s Covid-19 vaccine was viewed positively by analysts and investors, it arrived toward the end of the pandemic. More than 75% of U.S. adults are already fully vaccinated against the respiratory disease. The U.S. government has only ordered about three million doses of the Novavax vaccine for use this coming fall and winter.
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- Frosty4ever·2022-08-24they should blame themselves for being slow in getting eua and ramping production. so much promiseLikeReport
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