Novavax to start shipping COVID-19 vaccines to COVAX program in Q3

Novavax to start shipping COVID-19 vaccines to COVAX program in Q3

Novavax Inc stated Thursday it has actually accepted begin delivering dosages of its COVID-19 vaccine prospect to the COVAX program in the 3rd quarter of 2021 in an effort to provide on its pledge to offer 1.1 billion shots to the international vaccination program.

Novavax stated it will produce and deliver 350 million shots itself. India’s Serum Institute (SII) will offer the rest of the 1.1 billion shots to COVAX through a different contract.

The COVAX center is a worldwide effort targeted at access to COVID-19 vaccines for poorer nations. It is co-led by GAVI, the World Health Organization (WHO), and the Coalition for Epidemic Preparedness Innovations.

GAVI’s president, Seth Berkley, stated in a declaration that the offer is “a major step towards our goal of delivering 2 billion doses of safe and effective vaccines in 2021.”

Novavax reached an initial contract with COVAX in February to make and provide 1.1 billion dosages of its vaccine in collaboration with SII.

Its shot has yet to be licensed by regulators in any nation however it has actually published late-stage trial information that reveals it is extremely efficient versus the initial variation of COVID-19 and a more recent variation initially discovered in Britain.

Novavax stated it will get an in advance payment from GAVI later on this month and an extra payment following an emergency situation usage listing for its vaccine by the WHO.

Reuters reported in March that Novavax postponed its supply contracts with the European Union due to the fact that of production issues, consisting of scarcities of basic materials utilized in making its vaccine. SII has likewise stated that it was having trouble acquiring the products required to make the Novavax vaccine.

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Reuters reported previously today the business informed the European Union it prepares to start providing its COVID-19 vaccine prospect to the bloc towards completion of this year.

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Novavax to start shipping COVID-19 vaccines to COVAX program in Q3