Welcome to our dedicated page for Novavax news (Ticker: NVAX), a resource for investors and traders seeking the latest updates and insights on Novavax stock.
Novavax Inc. develops and partners vaccine technologies built around Matrix-M adjuvant technology and protein-based nanoparticles. Company news centers on marketed vaccine products, including Nuvaxovid and R21/Matrix-M, licensing and material-transfer agreements with pharmaceutical companies, and research programs for infectious disease and other vaccine applications.
Recurring updates also cover quarterly financial results, revenue from product sales and partner arrangements, R&D prioritization such as its C. difficile vaccine candidate, operating-efficiency initiatives, investor conference participation, and leadership changes within research and development.
Novavax (NASDAQ:NVAX) has announced a significant debt refinancing transaction involving its convertible notes. The company will issue $225 million of 4.625% Convertible Senior Notes due 2031, comprising $175.3 million in exchange for existing 2027 Notes and $49.7 million in new funding.
The 2031 Notes will have an initial conversion price of $11.14 per share, representing a 27.5% premium over the August 20, 2025 closing price. After the transaction's completion, expected around August 27, 2025, $26.5 million of the 2027 Notes will remain outstanding, while the new 2031 Notes will total $225 million.
Novavax (NASDAQ:NVAX) reported second quarter 2025 financial results with total revenue of $239 million, down 42% from $415 million in Q2 2024. Key highlights include FDA BLA approval for Nuvaxovid™, triggering a $175 million milestone payment from Sanofi, and completion of the U.S. commercial leadership transition to Sanofi for the 2025-2026 COVID-19 vaccination season.
The company reported net income of $107 million and ended the quarter with $628 million in cash. Phase 3 trial data for COVID-19-Influenza-Combination and stand-alone influenza vaccine candidates showed robust immune responses. Novavax updated its Full Year 2025 guidance, expecting Adjusted Total Revenue between $1,000-$1,050 million and combined R&D and SG&A expenses of $495-$545 million.
Novavax (Nasdaq: NVAX) has scheduled its second quarter 2025 financial results and operational highlights conference call for August 6, 2025, at 8:30 a.m. ET. The company will host a conference call with both domestic and international dial-in options, and participants can register online for automated callback access.
A replay of the conference call will be available from 11:30 a.m. ET on August 6 until August 13, 2025. The webcast replay will remain accessible on the company's investor relations website until September 5, 2025.
Novavax (NASDAQ:NVAX) has announced promising preclinical data for its H5N1 avian pandemic influenza vaccine candidate, published in Nature Communications. The vaccine, utilizing Novavax's recombinant protein-based nanoparticle technology and Matrix-M® adjuvant, demonstrated strong immune responses in nonhuman primates through both intranasal and intramuscular administration.
The study revealed that a single dose induced significant neutralizing antibody responses (intranasal: 1:54; intramuscular: 1:1,160), exceeding the protective threshold of 1:40 titer. The vaccine showed potential effectiveness against forward-drift variants of currently circulating H5N1 strains. Novavax plans to pursue funding, partnership, and licensing opportunities for this vaccine candidate as part of its corporate growth strategy.
Novavax (NASDAQ: NVAX) has announced its participation in two major upcoming investor conferences in June 2025. The company will participate in a fireside chat at the Jefferies Global Healthcare Conference on June 4, 2025, from 2:00-2:30 PM ET in New York. Additionally, Novavax will deliver a presentation at the Goldman Sachs 46th Annual Global Healthcare Conference on June 11, 2025, from 2:00-2:35 PM ET in Miami Beach.
Both events will be webcasted and available on Novavax's investor relations website at ir.novavax.com, with replays accessible for 30 days following the events.
Novavax (NASDAQ: NVAX) has announced its participation in the upcoming BofA Securities 2025 Health Care Conference in Las Vegas, Nevada. The company will engage in a fireside chat on Wednesday, May 14, 2025, from 3:00 to 3:30 PM PT. Additionally, Novavax will conduct investor meetings during the conference. The fireside chat will be accessible via webcast on the company's investor relations website at ir.novavax.com, with a replay available for 30 days following the event.
Novavax (NASDAQ: NVAX) has announced improved terms for its collaboration and license agreement with Takeda for Nuvaxovid®, their protein-based COVID-19 vaccine, in Japan. The amended agreement includes enhanced financial terms such as an upfront payment, payment for the 2024/2025 season, and annual milestone payments tied to regulatory approvals. Additionally, Novavax will receive royalties on net sales for each season moving forward.
The agreement ensures continued availability of Nuvaxovid®, a non-mRNA COVID-19 vaccine, in Japan - the world's third-largest pharmaceutical market. According to CEO John C. Jacobs, this strengthened partnership validates Novavax's technology platform and Matrix-M® adjuvant while positioning the company as a partner of choice.