Novavax

Sanofi inks US$1.2 billion vaccine licensing deal with Novavax

The pact links two big players in the vaccine world that both missed out on the rush to develop and commercialise Covid shots quickly during the pandemic

Novavax wants to bring down its expenses below US$750 million this year.

Novavax to cut 12% of its global workforce

Vaccine maker Novavax said on Wednesday (Jan 31) it will reduce its total global workforce by about 12 per cent as part of its ongoing efforts to reduce costs.

The layoffs, part of Novavax’s ongoing cost-reduction measures, would translate to about 498 jobs out of the 1,992 full-time employees it had as of Feb 21 according to the company’s latest regulatory filings.

Novavax lays off 25% of workforce, releases 2023 outlook

NOVAVAX said on Tuesday (May 9) it will reduce its global workforce by 25 per cent as the cash-strapped biotech pushes forward with its plans to slash expenses and navigate tepid demand for its Covid-...

The capital raise and supply agreement changes are the latest in a recent string of obstacles for the company.

Novavax tumbles on cut to UK Covid vaccine-supply deal, capital raising

Novavax shares fell the most in almost four years on Thursday (Dec 15) after the company announced it had cut its vaccine supply to the UK and was seeking additional equity and debt.

A panel of experts convened by the US drug regulator was meeting on Tuesday (Jun 7) to consider authorizing the Novavax Covid-19 shot, a late runner in the fight against the virus that could nonetheless play a role in overcoming vaccine hesitancy.

FDA experts weigh authorising Novavax Covid-19 vaccine in US

A panel of experts convened by the US drug regulator was meeting on Tuesday (Jun 7) to consider authorizing the Novavax Covid-19 shot, a late runner in the fight against the virus that could nonethele...

Novavax slumped 20 per cent on Friday (Jun 4) after US regulators raised concerns over the biotech’s much-anticipated Covid-19 vaccine. 

Novavax plunges on ‘harsh’ FDA review ahead of Tuesday panel

NOVAVAX slumped 20 per cent on Friday (Jun 4) after US regulators raised concerns over the biotech’s much-anticipated Covid-19 vaccine. 

JAPAN'S Takeda Pharmaceutical said on Wednesday (May 11) its 12-month operating profit slid 9.5 per cent, although the country's largest drugmaker forecast a rebound for the current year.

Japan's Takeda forecasts rebound despite full-year profit drop

JAPAN'S Takeda Pharmaceutical said on Wednesday (May 11) its 12-month operating profit slid 9.5 per cent, although the country's largest drugmaker forecast a rebound for the current year.