Novavax has filed a notice of a Private Investment in Public Equity (PIPE) offering of securities to raise $85,000,000.00 in Post-IPO Equity.
According to filings with the U.S. Securities and Exchange Commission, Novavax is raising $85,000,000.00 in new funding. About Novavax: Novavax, Inc., a biotechnology company, that promotes improved health by discovering, developing, and commercializing vaccines to protect against serious infectious diseases. It offers vaccine platform that combines a recombinant protein approach, nanoparticle technology, and its patented Matrix-M adjuvant to enhance the immune response. It focuses on urgent health challenges, which is evaluating vaccines for COVID-19, influenza, and COVID-19 and influenza combined. The company is commercializing a COVID-19 vaccine, NVX-CoV2373 under the brand names of Nuvaxovid, Covovax, and Novavax COVID-19 Vaccine, Adjuvanted for adult and adolescent populations as a primary series and for both homologous and heterologous booster indications. It is also focusing on products candidates for respiratory syncytial virus and malaria. Novavax, Inc. was incorporated in 1987 and is headquartered in Gaithersburg, Maryland.
To learn more about Novavax, visit http://www.novavax.com/
Contact:
James Kelly, Chief Financial Officer
240-268-2000
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