Novavax trails vaccine developers after setback for COVID-19 shot in India
$Novavax(NVAX.US$ has lagged rival developers of COVID-19 vaccines after the newly detected coronavirus variant Omicron sparked a rally across the subsector on Friday amid a market selloff.
The company shares underwent a brief trading halt previously after news emerged that regulators in India had sought additional data from the company’s partner there before a potential authorization for its vaccine named Covovax.
The Drugs Controller General of India (DCGI) had noted that Covovax also called NVX-CoV2373 had not yet been cleared in its country of origin, Business Standard, reports.
While FDA has yet to authorize the protein subunit vaccine against COVID-19, Novavax has already won the Emergency Use Authorization (EUA) for the vaccine in both Indonesia and the Philippines.
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EEEEgil : No, it can’t be, NVAX didn’t get an approval from India. Must be a mistake, not NVAX.
GROW sky EEEEgil: This company is a keystone kops show. Probably $1 stock again soon.
Mariela Angolo : It is ironic that they decided to call the company "Novavax" as the rough Spanish translation for "No Va" means its "not going", "not moving" or "not working". So their company name literally tells you their vaccine is not going anywhere
Cocilia Pace Mariela Angolo: Nova comes from latin meaming NEW and No Va is not a word in Spanish. It should be No vas or No voy to mean Not going. Just saying.
Roleodo : There is more insights on yesterday move in yahoo
https://finance.yahoo.com/quote/NVAX/community/
A rare opportunity Cocilia Pace: "No va" is the third person singular, present tense conjugation of the infinitive, "ir." It means he/she/it doesn't go. "No voy" is first person, and "no vas" is second person. Just saying.
Voy
Vas
Va
Vamos
Váis
Van
Johnny Thunders : Pfizer applying for Covid pill EUA. FDA expected to approve in one week.
NVAX hasn't even submitted their EUA yet. The pandemic is over. Virus has mutated into the common cold. Anti viral pill is just what the doctor ordered.
Mikalov1 : The vaccine is good, the management sucks.......this could be a very nice alternative vaccine but they just don't get it done.
CMebaby : 1st hit: By POLITICO on 10/19/21. 2nd hit: MRNA earning and PFE therapeutic drug on 10/4 and 10/5. 3rd hit: India asking for more data 11/29. All these will eventually be proven inconsequence by the end of the year.
Mack Swire : Nevervax strikes again!
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