Biopharmaceutical Company Partners With Novavax: COVID-19 Vaccine Co-commercialization
The financial terms of the deal are robust, with Novavax receiving an upfront payment of $500 million from Sanofi.
In the fight against COVID-19 and influenza, Sanofi and Novavax Inc. have announced a landmark co-exclusive licensing agreement. This massive partnership marks a pivotal step forward in addressing ongoing public health needs by co-commercializing COVID-19 vaccines and developing innovative COVID-19-Influenza combination vaccines, which could redefine seasonal vaccination strategies moving forward. $Amesite (AMST.US)$
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