Novavax (NVAX), European Commission Finalize Advance Purchase Agreement for up to 200 million doses of COVID-19 Vaccine

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Novavax (NVAX) Misses Q2 EPS by $1.12

August 5, 2021 4:31 PM EDT

Novavax (NASDAQ: NVAX) reported Q2 EPS of ($4.75), $1.12 worse than the analyst estimate of ($3.63). Revenue for the quarter came in at $298 million versus the consensus estimate of $387.87 million.

For earnings history and earnings-related data on Novavax (NVAX) click here.

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European Commission approves new contract for a potential COVID-19 vaccine with Novavax (NVAX)

August 4, 2021 9:10 AM EDT

Today, the European Commission has approved its seventh Advanced Purchase Agreement (APA) with a pharmaceutical company to ensure access to a potential vaccine against COVID-19 in Q4 of 2021 and in 2022.

Under this contract, Member States will be able to purchase up to 100 million doses of the Novavax (NASDAQ: NVAX) vaccine, with an option for 100 million additional doses over the course of 2021, 2022, and 2023, once reviewed and approved by EMA as safe and effective. Member States will also be able to donate vaccines to lower and middle-income countries or to re-direct them to other European... More