Shares of Novavax (NASDAQ: NVAX) are up 4% following the company’s news that data from a preclinical study have been published in the journal, ‘Vaccine.’ The preclinical study of the company’s influenza vaccine candidate with its proprietary Matrix-M™ adjuvant, NanoFlu™, suggests that NanoFlu has the potential to provide a stronger immune response than influenza vaccines currently available to older adults. “The data in this publication further validate our nanoparticle vaccine platform and provide a strong rationale for advancing NanoFlu into a Phase 1/2 clinical trial. Our goal is to deliver a superior, differentiated vaccine to the greater than $3 billion global seasonal influenza commercial market,” Novavax president and chief executive officer Stanley C. Erck stated in the news release.
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About Novavax
Novavax, Inc. (NASDAQ: NVAX) is a clinical-stage biotechnology company committed to delivering novel products to prevent a broad range of infectious diseases. The company’s recombinant nanoparticles and Matrix-M™ adjuvant technology are the foundation for groundbreaking innovation that improves global health through safe and effective vaccines. Additional information about Novavax is available on the company’s website, www.novavax.com.
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