Novavax slid nearly 20% in morning trading as the company was facing issues with the purity of its vaccine candidate_老虎社区_美港股上老虎

Novavax slid nearly 20% in morning trading as the company was facing issues with the purity of its vaccine candidate

Tiger Newspress2021-10-20

Novavax slid nearly 20% in morning trading as the company was facing issues with the purity of its vaccine candidate.According to reports, Novavax has been unable to consistently prove it can manufacture a vaccine shot that meets the required quality standards.

The Food and Drug Administration discusses purity levels with each manufacturer, but each batch of the COVID-19 vaccine is supposed to be at least 90% pure.

Novavax has reportedly struggled to maintain purity levels that are close to the 90% threshold. The company recently showed purity levels around the 70% range, per reports.

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107

RO8
·2021-10-21
Buy buy buy
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Jstan
·2021-10-21
Like too
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Alan_Goh
·2021-10-20
Pardon my ignorance .. does Novavax engage a manufacturer to manufacture its vaccine ("fabless")? I know Pfizer has its own manufacturing facilities. Though might be of no fault of Novavax, the time-to-market delay would mean opportunity cost and reputation loss.. I hope the issues can be resolved asap
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- YoungYun:
  It is mainly because the method used to test the purity of the new crown vaccine does not meet the standards of the regulatory agency.
  2021-10-20
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- Qqbear:
  Yes they are partnering with Serum Institute
  2021-10-21
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plasticbag
·2021-10-20
Ok
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5
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- plasticbag:
  ok
  2021-10-20
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PanaCota
·2021-10-20
Ok
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5
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BBBBBBBBBB
·2021-10-20
Ok
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5
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MT8
·2021-10-20
Great ariticle, would you like to share it?
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MT8
·2021-10-20
https://ir.novavax.com/Novavax-Reconfirms-Confidence-in-Regulatory-Filing-Timelines-and-Manufacturing-Quality
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ElonTong
·2021-10-20
Sharks
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4
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Enigmatrade
·2021-10-20
Gg.
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3
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- Eileena:
  sigh
  2021-10-20
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7983eeb5
·2021-10-20
Like pls
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4
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- jo88:
  ok
  2021-10-20
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Praveenh
·2021-10-20
Ok
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3
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- 7983eeb5:
  ok
  2021-10-20
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lineasy2
·2021-10-20
This is bad for them as they may have to resubmit everything
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HeroSmurf
·2021-10-20
Gg
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- BubTigger:
  ok
  2021-10-20
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- chubzchubx:
  ok
  2021-10-20
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I know Pfizer has its own manufacturing facilities. Though might be of no fault of Novavax, the time-to-market delay would mean opportunity cost and reputation loss.. I hope the issues can be resolved asap","listText":"Pardon my ignorance .. does&nbsp;Novavax engage a manufacturer to manufacture its vaccine (\"fabless\")? I know Pfizer has its own manufacturing facilities. Though might be of no fault of Novavax, the time-to-market delay would mean opportunity cost and reputation loss.. I hope the issues can be resolved asap","text":"Pardon my ignorance .. does Novavax engage a manufacturer to manufacture its vaccine (\"fabless\")? I know Pfizer has its own manufacturing facilities. Though might be of no fault of Novavax, the time-to-market delay would mean opportunity cost and reputation loss.. 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