Prognosis

Novavax Covid Vaccine Wins European Approval After Months of Delays

  • Vaccine would be first protein-based Covid shot in Europe
  • European authorization for Novavax is expected imminently
Novavax CEO on Covid Vaccine Approval, Omicron Efficacy
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Novavax Inc.’s vaccine was cleared by European regulators and is set to become the first Covid-19 shot of its kind in the region, giving countries another tool as they race to protect their populations in the face of the omicron variant.

The protein-based shot, known as Nuvaxovid, was recommended by the European Medicines Agency, according to a statementBloomberg Terminal Monday, and a European Commission decision authorizing the vaccine is expected imminently.