Novavax Announces Positive Results in Phase 1 Vaccine for Covid

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Novavax Announces Positive Results in Phase 1 Vaccine for Covid




In addition to being successful in phase 1, a vaccine candidate must do well in phases 2 and 3 of clinical trials to be used.


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In addition to being successful in phase 1, a vaccine candidate must do well in phases 2 and 3 of clinical trials to be used.


The American biotechnology company Novavax reported on Tuesday, 4, that it had positive results in phase 1 of tests of its candidate for vaccine for covid-19. The company says the vaccine was well tolerated and produced a “robust” immune response in the research participants. Now, the company says the data has been subjected to peer review for a scientific publication and is now available online. After the announcement, the company’s stock fell 10.47% in the after hours in New York, at 5:50 pm (Brasília time).

In the past three months, the company’s stock has risen more than 700%. The company has never been able to successfully develop a vaccine in more than three decades of existence, but has now received funding from the Bill & Melinda Gates Foundation and the US government to seek immunization against covid-19. In addition to being successful in phase 1, a vaccine candidate must do well in phases 2 and 3 of clinical trials to be used.

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