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Novavax Gains $125 Mln Payment As Sanofi Begins Phase 3 Combination Vaccine Trial; Stock Up

Source: Nasdaq

Healthcare & BiotechCompany Fundamentals

Novavax said it earned a $125 million milestone payment after Sanofi initiated a Phase 3 influenza-COVID-19 combination vaccine trial in Europe. The trial is evaluating Novavax's COVID-19 vaccine, Nuvaxovid.

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