government about fall vaccine needs, Erck said Novavax will keep its eyes open on expanding in the U.S., but "that's a longer-term decision to be making." Now that the company is in talks with the U.S. We may add additional manufacturing sites." Taylor said that could change "depending on our needs. Though the company hasn't terminated its relationships with the previous manufacturers, there isn't a need for that capacity at this time. "Now we just get into a routine cadence in the plant in India," Erck said, adding that the capacity of all its manufacturing partners overseas is enough to supply global demand. (Photo by FLORIAN WEISER/APA/AFP via Getty Images) However, the company anticipates overseas contract manufacturers like Serum and SK Bioscience will be central to production for the foreseeable future.Ī man pulls a pallet with the "Nuvaxovid" vaccine against the novel coronavirus / COVID-19 by US company Novavax after a shipment of the vaccine arrived on Februat a warehouse in Hagenbrunn, Lower Austria. With more momentum behind it, Novavax aims to build a local clinical production site in the U.S. Manufacturing and quality woes delayed the company's vaccine, which won a contract for use within the Department of Defense, for more than a year.
It is also working on a variant-specific booster that the FDA anticipates will be necessary later this year. Novavax hopes to have the booster authorization in hand in time for an anticipated fall coronavirus surge. "I think it's kind of understood that that's the next step." "There's precedent for getting authorized in other markets with boosting," Taylor told Yahoo Finance in a separate interview. The company's vaccine is already in use in other countries both as a booster as well as for younger age groups. This content is not available due to your privacy preferences. And the Serum Institute of India, which is currently producing Novavax's vaccine, previously produced AstraZeneca ( AZN)/Oxford's doses and sold them to the Indian government for under $3 each. Meanwhile, Johnson & Johnson ( JNJ) sold its original single-shot vaccine at a nonprofit price of about $10 per dose. The Pfizer/BioNTech ( PFE/ BNTX) vaccine was just under $20 per shot in its initial deals. But my guess is it will be in the range of what other vaccines are charging, which has recently been in the $30 range." "We haven't decided and haven't published what the pricing will be. "The pricing is not transparent because it's part of a very large, billion-dollar-plus contract," Erck said. Unlike its competitors, the price per dose has not yet been revealed for Novavax's two-dose recombinant protein vaccine.
Experts believe that annual boosters to protect against COVID could be necessary for the foreseeable future. Novavax's COVID-19 vaccine is the biotechnology company's first commercial product, and it has given the company leverage to pursue a flu vaccine and combination flu/COVID vaccine. George's University hospital in London, Oct.
#Covid vaccine trial
A vial of the Phase 3 Novavax coronavirus vaccine prepared for use in a trial at St.
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