Look Out, Pfizer and Moderna: Here Comes Novavax

Over the last couple of months, COVID-19 vaccines developed by Moderna (NASDAQ: MRNA) and Pfizer (NYSE: PFE) along with its partner BioNTech (NASDAQ: BNTX) have been at the center of attention. The two vaccines received emergency use authorization (EUA) in the U.S., U.K., European Union, and other countries. They've already been given to millions of people.

However, there's a new big story in the coronavirus vaccine race. After the market closed on Thursday, another drugmaker announced positive results from a late-stage study of its COVID-19 vaccine. Look out, Pfizer and Moderna: Here comes Novavax (NASDAQ: NVAX). 

Image source: Getty Images.

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Source Fool.com