Novavax Says FDA Panel Backs Update For Monovalent JN.1-Lineage; Novavax To Deliver Protein-Based JN.1 COVID Vaccine; Expects To Be Ready For Delivery In September
Portfolio Pulse from Benzinga Newsdesk
Novavax announced that an FDA panel has backed an update for the monovalent JN.1-lineage COVID vaccine. Novavax plans to deliver its protein-based JN.1 COVID vaccine and expects to be ready for delivery in September.
June 05, 2024 | 8:36 pm
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Novavax received FDA panel backing for its monovalent JN.1-lineage COVID vaccine and plans to deliver it by September.
The FDA panel's backing is a significant regulatory milestone for Novavax, likely boosting investor confidence and positively impacting the stock price in the short term. The expected delivery by September adds to the positive outlook.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100