Name: UPDATE 2-Novavax signs COVID-19 license deal with Sanofi, removes doubt about business viability
Uploaded: 2024-05-10T05:22:06-04:00
Duration: 5 min
Description: (Rewrites throughout with details on the licensing deal and Novavax’s earnings) PARIS, May 10 (Reuters) – Novavax on Friday erased doubts about its ability to remain in business and struck a licensing deal worth up to $1.2 billion with Sanofi for COVID-19 vaccines in exchange for a stake that doubles the U.S. drugmaker’s market value. […]

Tag: 2Novavax

UPDATE 2-Novavax signs COVID-19 license deal with Sanofi, removes doubt about business viability

(Rewrites throughout with details on the licensing deal and Novavax’s earnings) PARIS, May 10 (Reuters) – Novavax on Friday erased doubts about its ability to remain in business and struck a licensing deal worth up to $1.2 billion with Sanofi for COVID-19 vaccines in exchange for a stake that doubles the U.S. drugmaker’s market value. […]