U.S. FDA Official Says Can't Comment On Novavax Covid-19 Vaccine But Says The Agency Would Take "Rapid Action" Once They Receive Data
Portfolio Pulse from Benzinga Newsdesk
A U.S. FDA official stated that they cannot comment on the Novavax Covid-19 vaccine but assured that the agency would take rapid action once they receive the necessary data.
August 23, 2024 | 3:51 pm
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POSITIVE IMPACT
The FDA has not commented on the Novavax Covid-19 vaccine but is ready to act quickly once data is available. This indicates potential regulatory progress for Novavax.
The FDA's readiness to take rapid action suggests a positive regulatory outlook for Novavax, which could lead to approval and market entry, potentially boosting NVAX stock.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80