Novavax, Inc.’s updated COVID-19 vaccine has a narrower market than Pfizer Inc./BioNTech SE and Moderna, Inc.’s 2023-2024 vaccines as it was not authorized for pediatric use. But as the only protein-based, non-mRNA option and the only adjuvanted COVID vaccine it may become more competitive.
On 3 October, the US Food and Drug Administration granted emergency use authorization to Novavax’s new formulation for the 2023-2024...
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