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Novavax | 8-K: Novavax Reports First Quarter 2024 Financial Results and Operational Highlights

Novavax | 8-K: Novavax Reports First Quarter 2024 Financial Results and Operational Highlights

诺瓦瓦克斯医药 | 8-K:Novavax 公布2024年第一季度财务业绩和运营亮点
美股sec公告 ·  05/10 08:09
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On May 10, 2024, Novavax, Inc. reported its financial results for the first quarter ending March 31, 2024, and announced a significant co-exclusive licensing agreement with Sanofi. The agreement includes a $500 million upfront payment to Novavax, a $70 million equity investment, and potential milestones totaling up to $1.3 billion. Novavax's Q1 2024 revenue reached $94 million, with a reduction in current liabilities by $831 million. The company also announced the removal of its going concern notice and plans to initiate a Phase 3 trial for a COVID-19-Influenza Combination vaccine in the second half of 2024. Novavax's updated financial guidance for 2024 anticipates combined revenue and Sanofi agreement payments between $970 million and $1.17 billion. The company's progress includes the submission of a Biologics License Application for its COVID-19 vaccine to the FDA and the advancement of negotiations for the 2024-2025 vaccination season. Novavax's partnership with Sanofi is expected to drive value creation and benefit global public health by leveraging Novavax's Matrix-M adjuvant technology for the development of new vaccines.
On May 10, 2024, Novavax, Inc. reported its financial results for the first quarter ending March 31, 2024, and announced a significant co-exclusive licensing agreement with Sanofi. The agreement includes a $500 million upfront payment to Novavax, a $70 million equity investment, and potential milestones totaling up to $1.3 billion. Novavax's Q1 2024 revenue reached $94 million, with a reduction in current liabilities by $831 million. The company also announced the removal of its going concern notice and plans to initiate a Phase 3 trial for a COVID-19-Influenza Combination vaccine in the second half of 2024. Novavax's updated financial guidance for 2024 anticipates combined revenue and Sanofi agreement payments between $970 million and $1.17 billion. The company's progress includes the submission of a Biologics License Application for its COVID-19 vaccine to the FDA and the advancement of negotiations for the 2024-2025 vaccination season. Novavax's partnership with Sanofi is expected to drive value creation and benefit global public health by leveraging Novavax's Matrix-M adjuvant technology for the development of new vaccines.
2024年5月10日,Novavax, Inc.公布了截至2024年3月31日的第一季度财务业绩,并宣布与赛诺菲签订一项重要的共同独家许可协议。该协议包括向Novavax预付5亿美元、7000万美元股权投资以及总额高达13亿美元的潜在里程碑。Novavax的2024年第一季度收入达到9400万美元,流动负债减少了8.31亿美元。该公司还宣布取消其持续经营通知,并计划在2024年下半年启动COVID-19流感联合疫苗的3期试验。Novavax最新的2024年财务指引预计,收入和赛诺菲协议的总支出在9.7亿美元至11.7亿美元之间。该公司的进展包括向美国食品药品管理局提交其 COVID-19 疫苗的生物制剂许可申请,以及推进 2024-2025 年疫苗接种季节的谈判。通过利用Novavax的Matrix-M辅助技术开发新疫苗,Novavax与赛诺菲的合作有望推动价值创造并有益于全球公共卫生。
2024年5月10日,Novavax, Inc.公布了截至2024年3月31日的第一季度财务业绩,并宣布与赛诺菲签订一项重要的共同独家许可协议。该协议包括向Novavax预付5亿美元、7000万美元股权投资以及总额高达13亿美元的潜在里程碑。Novavax的2024年第一季度收入达到9400万美元,流动负债减少了8.31亿美元。该公司还宣布取消其持续经营通知,并计划在2024年下半年启动COVID-19流感联合疫苗的3期试验。Novavax最新的2024年财务指引预计,收入和赛诺菲协议的总支出在9.7亿美元至11.7亿美元之间。该公司的进展包括向美国食品药品管理局提交其 COVID-19 疫苗的生物制剂许可申请,以及推进 2024-2025 年疫苗接种季节的谈判。通过利用Novavax的Matrix-M辅助技术开发新疫苗,Novavax与赛诺菲的合作有望推动价值创造并有益于全球公共卫生。
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