Here's a roundup of top developments in the biotech space over the last 24 hours:
Stocks In Focus
Europe Backs Novavax's COVID-19 Shot For Adolescents
The European Union has recommended expanded conditional approval of Novavax Inc's (NASDAQ: NVAX) Nuvaxovid (NVX-CoV2373) COVID-19 vaccine for adolescents ages 12-17.
Separately, the Taiwan Food and Drug Administration has granted emergency use authorization for the Nuvaxovid COVID-19 vaccine in individuals ages 18 and over.
Novavax and Taiwan have executed a supply agreement, and the doses for Taiwan would represent the first shipment of Nuvaxovid to a country participating under the COVAX Facility.
Sanofi-GSK's Beta-Containing COVID-19 Vaccine Shows Omicron Efficacy
Sanofi SA SNY and GSK plc GSK have announced positive data from their vaccine trial of adjuvanted bivalent D614 and Beta (B.1.351) vaccine candidate.
"Sanofi-GSK's vaccine is the first candidate to demonstrate efficacy in a placebo-controlled trial in an environment of high Omicron variant …
Full story available on Benzinga.com