Novavax (NVAX) has completed the transfer of the U.S. marketing authorization for its COVID-19 vaccine, Nuvaxovid to Sanofi (SNY), enabling Sanofi to take full responsibility for commercial and regulatory activities in the U.S. The transfer triggered the second of two $25 million marketing authorization transfer milestone payments to Novavax, following the European Union transfer completed in October 2025.
"We have delivered on our partnership agreement and secured $225 million in additional milestone revenue to date," said John Jacobs, President and CEO, Novavax.
Novavax is eligible to receive additional future milestones and royalties under the collaboration and license agreement related to Nuvaxovid, combination products developed by Sanofi using Nuvaxovid and new vaccines created by Sanofi utilizing Novavax's Matrix-M adjuvant.
For More Such Health News, visit rttnews.com.
For comments and feedback contact: editorial@rttnews.com
Business News
May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.