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Covid Vaccine Producer Says Government Should Stick to Their Promises


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The World Health Organization recently announced covid is no longer a global emergency. Hooray! That is unless you're Novavax, the biotech outfit once billed as an antidote to vaccine hesitancy but like other government-approved vendors is now awash in cancellations as demand for jabs collapses.

Novavax CEO John Jacobs told the Financial Times governments might not deliver on their existing commitments for vaccine purchases, meaning the now-struggling pharma business could face even further hardships.

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Source Fool.com

Novavax Inc. Stock

€11.36
0.440%
Novavax Inc. gained 0.440% compared to yesterday.
Our community is currently high on Novavax Inc. with 4 Buy predictions and 1 Sell predictions.
With a target price of 22 € there is a hugely positive potential of 93.66% for Novavax Inc. compared to the current price of 11.36 €.

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