Novavax Says Canada National Advisory Committee Publishes Recommendation For Use Of Novavax's Nuvaxovid XBB.1.5 Covid-19 Vaccine; Recommendations State That Nuvaxovid XBB.1.5 Can Be Used In Unvaccinated Or Previously Vaccinated Individuals Aged 12 Years And Older
Portfolio Pulse from Benzinga Newsdesk
Novavax announced that the Canada National Advisory Committee has published a recommendation for the use of its Nuvaxovid XBB.1.5 COVID-19 vaccine. The recommendation states that Nuvaxovid XBB.1.5 is suitable for use in both unvaccinated and previously vaccinated individuals aged 12 years and older.
March 11, 2024 | 1:24 pm
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Novavax's Nuvaxovid XBB.1.5 COVID-19 vaccine receives recommendation from Canada's National Advisory Committee for use in individuals aged 12 and older, regardless of their vaccination status.
The recommendation from a national advisory committee in a country like Canada can significantly boost the perceived efficacy and safety of Novavax's vaccine, potentially increasing its adoption and usage. This positive regulatory development is likely to be viewed favorably by investors and could lead to a short-term uptick in Novavax's stock price due to increased optimism about the vaccine's market potential and future revenue streams.
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