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US will pay $1.6 billion to Novavax for coronavirus vaccine

2 monthes ago   |   By Chicago Tribune

The Maryland-based company, which has never brought a product to market before, just made the biggest deal to date with the Trump administration's Operation Warp Speed.
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Novavax skyrockets after US government grants $1.6 billion for coronavirus vaccine creation

Novavax skyrockets after US government grants $1.6 billion for coronavirus vaccine creation

2 monthes ago   |   By Business Insider

Novavax shares spiked as much as 38% early Tuesday after receiving $1.6 billion in coronavirus vaccine funding from the US government.
The award is the largest yet from Operation Warp Speed, the White House's plan to rapidly develop and deliver a viable vaccine for the coronavirus pandemic.
Part of the grant will fund a Phase 3 trial starting in the fall, according to a press release. Novavax also plans to use the award for delivering 100 million vaccine doses by the end of the year.
Watch Novavax trade live here .
Novavax stock surged as much as 38% in early Tuesday trading after the US...
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