Novavax, Inc. 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
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Novavax, Inc. announced that the Canada National Advisory Committee has published a recommendation for the use of Novavax's Nuvaxovid XBB.1.5 COVID-19 vaccine. The recommendation states that Nuvaxovid XBB.1.5 can be used in both unvaccinated or previously vaccinated individuals aged 12 years and older.
March 11, 2024 | 1:21 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 history.
The recommendation from a national advisory committee in a country like Canada is a significant endorsement for Novavax's vaccine. This could lead to increased adoption and usage of Nuvaxovid XBB.1.5, potentially boosting Novavax's revenue and stock price in the short term. The specific mention of its applicability to both unvaccinated and previously vaccinated individuals broadens the potential user base, further enhancing its market potential.
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