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Novavax cuts 2024 revenue forecast
Novavax sees weak Covid vaccine sales, convinced Sanofi can do better
Novavax has made a smaller splash in the U.S. Covid-19 vaccine market than it had hoped. But it's betting on licensing deals and a pipeline of new vaccines it's now evaluating for R&D.
Novavax cuts 2024 revenue forecast again on lower COVID vaccine sales
Nov 12 (Reuters) -
Novavax
(NVAX.O), opens new tab cut its annual revenue forecast on Tuesday, citing lower-than-expected sales of its
COVID
-19
vaccine
, ahead of handing over the rights to sell the shot to French drugmaker Sanofi (SASY.PA), opens new tab.
Novavax falls after guidance cut on lower vaccine sales
Novavax (NASDAQ:NVAX) shares lost ~12% in the premarket on Tuesday after the Gaithersburg, MD-based biotech, with its Q3 2024 financials, cut its full-year revenue guidance, citing a gloomy sales outlook for its COVID-19 vaccine,
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22h
Novavax Stock is Slipping After the Vaccine Maker Cut its Outlook Again
Novavax
(NVAX) shares dropped Tuesday morning after the company slashed its full-year outlook when it announced its ...
Business Insider
9h
Novavax Advances Vaccine Strategy Amid Financial Shifts
In its recent third-quarter 2024 earnings report,
Novavax
highlighted significant advancements in its
vaccine
portfolio, including the removal of a clinical hold by the U.S. FDA on its ...
KSL
1d
FDA lifts clinical hold on Novavax's combo COVID-flu shot
The Food and Drug Administration has lifted its clinical hold on a late-stage trial of Novavax's COVID-influenza and its ...
FiercePharma
6d
Novavax coughs up $123.8M to settle COVID vaccine supply dispute with UK
Novavax has inked another settlement for a past COVID-19 vaccine supply deal. | Novavax has inked another settlement for a ...
12h
Novavax: Navigating Fiscal Challenges and Strategic Shifts Amid COVID Vaccine Market Uncertainty
In a report released today, Brendan Smith from TD Cowen maintained a Hold rating on Novavax (NVAX – Research Report), with a price target ...
7d
Novavax, UK terminate vaccine supply agreement
Novavax said on Tuesday that it has entered into a termination and settlement agreement with the UK Health Security Agency ...
AOL
23h
Novavax: Stock plunges after quarterly earnings, but sees hope in licensing deals
Novavax
's
COVID
-19
vaccine
continues to be its only commercial product and currently has about 2%-3% market share, ...
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