Novavax (NVAX) PT Raised to $17 at Piper Jaffray Following Positive Phase II Elderly RSV Data

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Novavax (NVAX) Announces RSV F Vaccine Phase 2 Met All Objectives in Older Adults

August 10, 2015 4:11 PM EDT

Novavax (NASDAQ: NVAX) announced positive top-line data from a Phase 2 clinical trial of its RSV F-protein recombinant nanoparticle vaccine candidate (RSV F Vaccine) in older adults (60 years of age and older). The RSV F Vaccine was well-tolerated and fulfilled the Company's expectations of the primary, secondary and exploratory objectives of the trial.

"It's increasingly appreciated that RSV causes an enormous amount of illness on an annual basis, particularly in the older population. An RSV infection can predispose older adults to developing secondary pneumonia and admission to the hospital," said Dr. William Schaffner, Professor of... More