On Tuesday, Novavax shares jumped nearly 20 per cent during the day’s trade after the VRBPAC recommended that the USFDA grant emergency use authorisation (EUA) for Novavax’s Covid-19 vaccine for people aged above 18. This brings the firm a step closer to a US launch.
The VRBPAC has voted strongly in favour of the vaccine — 21 to zero, with one abstention — Novavax said on its website.
“In today’s VRBPAC meeting, we heard the overwhelming support for our vaccine from physicians, healthcare organisations, and consumers who are eagerly anticipating a protein-based vaccine option. Consistent with submissions to regulatory authorities worldwide, we have already submitted an amendment with updated manufacturing information for the EUA to the FDA for review. We look forward to collaborating with the FDA as it makes its final decision,” Novavax said.