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Novavax’s COVID-19 Shot Finally Authorized In US, But Could Miss Out Again On Bivalent Booster

Still Hoping To Hit $4bn Revenues Despite Slow Start

 
• By Andrew McConaghie

A protein-based vaccine for COVID-19 reaches the US at last, but Novavax looks set miss out once again as the fall deadline for BA.4/5 variant-targeting vaccines approaches.

Novavax flag
Novavax will not catch up with Pfizer or Moderna, but the vaccine's EUA is nevertheless an inflection point for the company. • Source: Shutterstock

Novavax’s much-delayed COVID-19 vaccine NVX-CoV2373 has finally gained an emergency use authorization in the US, making it the first protein-based vaccine to be cleared for the disease alongside the widely used mRNA-based shots, BioNTech/Pfizer’s Comirnaty and Moderna’s SpikeVax.

The company once hoped to be a close rival to these products with its nanoparticle technology, but that goal looks...

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Pipeline Watch: Ten Approvals And Two Phase III Readouts

Pipeline Watch is a weekly snapshot of selected late-stage clinical trial events and approvals announced by pharmaceutical and biotech companies at medical and industry conferences, in financial and company presentations, and in company releases and statements.