Novavax Reportedly Targets December For U.S. Coronavirus Vaccine Application

The Muslim Times has the best collection of articles for the war against Covid 19, especially the vaccines.

Source: IBD

Novavax (NVAX) reportedly plans to file for U.S. approval of its coronavirus vaccine candidate in December. NVAX stock wavered on the news.

Chief Executive Stanley Erck announced the company’s intentions in an interview with Czech daily Hospodarske Noviny published Thursday, according to Reuters. Novavax in May acquired a manufacturing facility in Bohumil, Czech Republic. There it plans to develop and manufacture some of its coronavirus vaccine candidate, NVX‑CoV2373.

NVAX stock seesawed between modest gains and losses on the stock market today. But shares tumbled late, ending the session down 6.3% at 107.35. A company spokesperson told IBD via email that a clarification of the CEO’s comments might be coming, but that had not happened as of 4:15 p.m. EDT.

Read further and watch a video

Dr. Zia H Shah, Chief Editor of the Muslim Times and in charge for the health section

The best of the Muslim Times’ collection for war against Covid 19:

In this day and age, understanding bacteria and viruses and developing vaccines are national security issues. In my view sizable part of every country’s defense budget should be spent in these pursuits rather than making tanks and other weapons.

For the latest news about drugs and vaccines’ trials please go to: Pharmaceutical-Technology

For the latest health news from BBC, Please click here

Novavax starting human trial of its vaccine in Australia

Kaiser Permanente launches first coronavirus vaccine trial

Corona Fear’s Cure: Chanting from the Bible and the Quran

Can You Chant from the Bible or the Quran to Bliss and Happiness?

Japanese flu drug ‘clearly effective’ in treating coronavirus, says China

Synthetic antibodies might offer a quick coronavirus treatment

The Four Possible Timelines for Life Returning to Normal

The Muslim Times Recommending Universal BCG Vaccination to Fight the Pandemic

Coronavirus: TB Vaccination Trial Started in Melbourne, Australia

The Muslim Times has the best collections in the war against Covid 19 as we are collecting from all the established sources

All of humanity are intimate neighbors: Coronavirus proves it once again

Praise be to God for the Miracle of Our Immune System

USA: 15-minute coronavirus test is here

Does the Ordinary Soap Kill Coronavirus?

Here’s a list of disinfectants you can use against coronavirus

For the number of cases and epidemiology in each country go to: WorldOMeters

DAILY NEW CASES AND DEATHS IN US, CDC SITE

Coronavirus Vaccine Tracker – The New York Times

Categories: Vaccine

2 replies

  1. PRAGUE (Reuters) – Novavax Inc expects filing for approval of its COVID-19 vaccine candidate in the United States in December, Chief Executive Stanley Erck said in an interview for Czech daily Hospodarske Noviny, released on Thursday.

    The company plans to produce part of the vaccine at its Czech plant, which will give the country access to the product once it is approved, the paper cited Erck as saying.

    Novavax said on Monday it had begun enrolling volunteers for the second phase of an ongoing clinical trial of its COVID-19 vaccine candidate, with interim data expected in the fourth quarter of 2020.

    https://finance.yahoo.com/news/novavax-despite-another-pullback-analyst-220929844.html

  2. My, how times have changed. Since soaring on promising Phase 1 data for its COVID-19 vaccine, NVX-CoV2373, that reaffirmed the best-in-class immunogenicity and reactogenicity profile, the waters have been choppy for Novavax (NVAX), with shares currently sitting well below its 52-week high.

    That said, 5-star analyst Mayank Mamtani, of B.Riley FBR, believes the recent weakness presents investors with a unique buying opportunity.

    “We argue against the prevailing bearish sentiment on NVAX potentially falling behind in the second wave of COVID-19 vaccine candidates given the Phase 3 initiation timeline in early October, which might follow a surprise pre-Phase 3 Emergency Use Authorization (EUA) of the AstraZeneca’s vaccine candidate, AZD1222, and notably, around the timeline of Phase 3 efficacy readout from two mRNA candidates, Moderna’s mRNA-1273 and Pfizer/BioNTech’s BNT162b2,” Mamtani explained.

    It should be noted that regardless of what the Phase 3 outcomes are for MRNA’s and PFE/BNTX’s vaccines, which are expected in September or October, Mamtani argues NVAX stands to benefit.

    According to Mamtani, premature EUA authorization of AZD1222 before large randomized clinical efficacy trials are completed goes against the FDA’s statements that this path “could reduce the ability to demonstrate effectiveness of the investigational vaccine in a clinical disease endpoint efficacy trial to support licensure and such clinical disease endpoint efficacy trials may be needed to investigate the potential for vaccine-associated ERD.”

    NVAX hasn’t jumped the gun when it comes to its Phase 3 study. Rather, the company conducted two Phase 2 studies to generate sufficient “manufacturing information and demonstrate the safety and effectiveness of ‘2373, which the agency may consider being more appropriate to receive EAU before the FDA has completed its formal review of the BLA,” in Mamtani’s opinion.

    Looking more closely at NVAX’s Phase 2 program, which is being conducted across two different studies, the B.Riley FBR analyst likes its “breadth.” He added, “Based on the robust antibody responses, as well as the promising safety and tolerability profile generated in the Phase 1 portion of the Phase 1/2 study, two dose levels…will be evaluated. This, coupled with the previously announced Phase 2 2.9k-subject South Africa study and the 130-subject Phase 1 study, will generate a total of ~4.5K safety and efficacy dataset, well above the safety database of 3k study participants required by the FDA for pre-licensure.”

    https://finance.yahoo.com/news/novavax-despite-another-pullback-analyst-220929844.html

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.