Novavax Says Updated COVID-19 Vaccine Now Authorized In Canada
Portfolio Pulse from Benzinga Newsdesk
Health Canada has expanded the authorization for Novavax's Nuvaxovid XBB.1.5 Vaccine (NVX-CoV2601) for individuals aged 12 and older to prevent COVID-19 caused by SARS-CoV-2.
December 05, 2023 | 9:02 pm
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Novavax's Nuvaxovid XBB.1.5 Vaccine has received expanded authorization in Canada for individuals 12 and older, potentially increasing the vaccine's market and usage.
The expanded authorization of Novavax's vaccine in Canada is likely to have a positive impact on the company's stock price in the short term. This regulatory approval could lead to increased vaccine distribution and sales, enhancing the company's revenue prospects and market presence in the vaccine space.
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