Novavax Expands COVID-19 Vaccine Pact In South Korea

  • Novavax Inc NVAX reaffirmed its partnership with South Korean firm SK Bioscience Co Ltd to expand its production of vaccines, including Novavax's protein-based COVID-19 vaccine candidate NVX-CoV2373.
  • In February, Novavax had entered into a license agreement with the South Korean manufacturer to produce 40 million doses of the COVID-19 vaccine for the country.
  • SK bioscience initiated the rolling submission process for NVX-CoV2373 to South Korea's Ministry of Food and Drug Safety in April 2021.
  • Price Action: NVAX shares closed at $143.01 on Friday.
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Posted In: BiotechGovernmentNewsHealth CareContractsGeneralBriefsCOVID-19 VaccineSouth Korea
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