Stock Market News

Novavax Covid Vaccine On the Verge of Approval in Japan, Reports Nikkei Asia

2022.04.18 21:40

Novavax Covid Vaccine On the Verge of Approval in Japan, Reports Nikkei Asia

By Sam Boughedda

Investing.com — Novavax Inc’s (NASDAQ:NVAX) Covid-19 vaccine has been cleared for approval by a Japanese government panel, according to Nikkei Asia.

The Novavax vaccine will become Japan’s fourth vaccine option, reported Nikkei’s Daishi Chiba.

Before shots can be administered, the vaccine will need to be approved by a separate expert committee within the health ministry. If it gets the go-ahead, it will be available to people 18 and over and can be used for the first two shots, as well as booster jabs.

Novavax has already contracted Takeda Pharmaceuticals to manufacture and distribute the vaccine in Japan. 

Shares of Novavax dipped 5.5% Monday despite the news, adding to its significant decline in 2022. However, it clawed back some of its losses from earlier in the session following the report. 

Source

Related Articles

Leave a Reply

Back to top button
bitcoin
Bitcoin (BTC) $ 65,072.43 0.20%
ethereum
Ethereum (ETH) $ 3,523.40 1.09%
tether
Tether (USDT) $ 0.999614 0.08%
bnb
BNB (BNB) $ 592.47 1.49%
solana
Solana (SOL) $ 134.16 0.60%
staked-ether
Lido Staked Ether (STETH) $ 3,521.21 1.06%
usd-coin
USDC (USDC) $ 1.00 0.10%
xrp
XRP (XRP) $ 0.490846 0.80%
dogecoin
Dogecoin (DOGE) $ 0.124499 1.33%
the-open-network
Toncoin (TON) $ 7.14 2.78%
cardano
Cardano (ADA) $ 0.386192 0.20%
avalanche-2
Avalanche (AVAX) $ 27.62 2.07%
shiba-inu
Shiba Inu (SHIB) $ 0.000018 0.31%
tron
TRON (TRX) $ 0.116822 0.48%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 65,004.42 0.08%
chainlink
Chainlink (LINK) $ 14.39 0.11%
polkadot
Polkadot (DOT) $ 5.68 2.57%
bitcoin-cash
Bitcoin Cash (BCH) $ 391.64 1.29%
uniswap
Uniswap (UNI) $ 10.07 0.37%
near
NEAR Protocol (NEAR) $ 5.31 6.25%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,660.70 1.15%
litecoin
Litecoin (LTC) $ 74.74 0.58%
matic-network
Polygon (MATIC) $ 0.579876 0.28%
leo-token
LEO Token (LEO) $ 5.69 0.48%
dai
Dai (DAI) $ 0.998976 0.01%
pepe
Pepe (PEPE) $ 0.000011 3.61%
fetch-ai
Fetch.ai (FET) $ 1.61 9.18%
internet-computer
Internet Computer (ICP) $ 8.37 0.51%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.17%
ethereum-classic
Ethereum Classic (ETC) $ 24.13 0.48%
renzo-restaked-eth
Renzo Restaked ETH (EZETH) $ 3,528.61 0.89%
kaspa
Kaspa (KAS) $ 0.144678 0.08%
aptos
Aptos (APT) $ 6.95 0.15%
monero
Monero (XMR) $ 168.07 0.84%
render-token
Render (RNDR) $ 7.72 0.41%
hedera-hashgraph
Hedera (HBAR) $ 0.080758 0.18%
stellar
Stellar (XLM) $ 0.094407 1.12%
cosmos
Cosmos Hub (ATOM) $ 6.90 0.51%
mantle
Mantle (MNT) $ 0.822431 0.65%
arbitrum
Arbitrum (ARB) $ 0.806477 1.72%
okb
OKB (OKB) $ 42.94 0.63%
crypto-com-chain
Cronos (CRO) $ 0.094214 0.09%
filecoin
Filecoin (FIL) $ 4.44 0.61%
blockstack
Stacks (STX) $ 1.67 0.92%
first-digital-usd
First Digital USD (FDUSD) $ 0.999863 0.15%
immutable-x
Immutable (IMX) $ 1.57 1.86%
maker
Maker (MKR) $ 2,427.64 2.03%
sui
Sui (SUI) $ 0.906968 5.42%
vechain
VeChain (VET) $ 0.026869 1.74%
the-graph
The Graph (GRT) $ 0.225668 2.42%