NVAX Stock price up on Thursday, trading at $20.80 s of 12:58 PM EDT.
Both antibody and T-cell responses were generated by a vaccine that combined the COVID-19 vaccine from Novavax ( NASDAQ:NVAX ) with their experimental quadrivalent influenza vaccine candidate. Data indicated that the combination vaccine produced immunological responses against SARS-CoV-2, homologous and heterologous influenza viruses, including antibody and polyfunctional CD4+ T-cell responses. The combination vaccination’s safety and tolerability profile were comparable to that of the quadrivalent influenza vaccine candidate reference formulations and the COVID vaccine.
Despite receiving numerous approvals for its protein-based Covid vaccine, NVAX is one of the worst-rated biotech companies. Officials in many nations now permit adults to receive the booster dose from Novavax. Children as young as 12 are often permitted to watch the primary series, including in the US. However, the Food and Drug Administration has not yet made a decision about the booster application submitted by Novavax in August. A pediatric injection is also being tested by Novavax.
Different from the popular messenger RNA vaccines produced by Pfizer and Moderna is the protein-based method. But it also needs an adjuvant from Chile, which is a chemical that stimulates the immune system. Therefore, manufacturing might be difficult.
NVAX Stock Prediction
The business consistently posts losses every year; this was the case in 2017. In 2021, Novavax lost $23.44 per share, exceeding estimates after losing $7.27 per share in 2020. Analysts predict that Novavax will lose 29 cents per share this year.
Losses are frequent for newly commercial biotech c...
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