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Novavax Sanofi Pact Pacifies Unhappy Investor For Now

 
• By Kevin Grogan

The US vaccines maker has been under the cosh from a very vocal investor who was unhappy with the performance of commercially disappointing COVID-19 shot Nuvaxovid and strategy in general. However, a recent pact with Sanofi worth up to $1.2bn has had a soothing effect.

Pallet vaccine
• Source: Novavax

Novavax, Inc. has seen the impact that a deal with big pharma can have on shareholder sentiment with activist investor Shah Capital ending its call for a leadership shake-up at the US vaccines maker, at least for the time being.

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