financetom
Business
financetom
/
Business
/
FDA misses deadline for decision on Novavax's COVID-19 vaccine, source says
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
FDA misses deadline for decision on Novavax's COVID-19 vaccine, source says
Apr 2, 2025 10:35 AM

April 2 (Reuters) -

The U.S. Food and Drug Administration has missed the

deadline for making a decision on Novavax's ( NVAX ) COVID-19

vaccine, a source familiar with the matter told Reuters on

Wednesday.

The Wall Street Journal first reported about the regulator

missing its deadline of April 1 earlier in the day.

Senior leaders at the FDA said the company's application

needed more data and was unlikely to be approved soon, according

to the WSJ report.

Novavax ( NVAX ), the FDA and the Department of Health and Human

Services did not immediately respond to Reuters' request for

comment.

The company said in February the agency will make a decision

on its protein-based vaccine in April.

The vaccine was first approved for emergency use in the

United States in 2022.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
US airlines jump on the premium-seat bandwagon
US airlines jump on the premium-seat bandwagon
Aug 1, 2024
CHICAGO, July 31 (Reuters) - Demand for high-end travel is booming, and U.S. carriers are in a rush to seize on it. Airlines are adding more comfortable and bigger seats on their planes to attract customers willing to pay more for a better travel experience. Some airlines known for low-fare models like Southwest ( LUV ), Spirit and Frontier are...
Canada's Cenovus Energy posts higher second-quarter profit
Canada's Cenovus Energy posts higher second-quarter profit
Aug 1, 2024
Aug 1 (Reuters) - Cenovus Energy ( CVE ) posted a rise in second-quarter profit on Thursday, as the Canadian oil and gas company benefited from higher throughput volumes and an increase in production. The Calgary, Alberta-based company's net income rose to C$1 billion ($723.01 million), or 53 Canadian cents per share, in the April-June quarter, from C$866 million, or...
BRIEF-Pershing Square USA Files For To Withdraw IPO Plans - SEC Filing
BRIEF-Pershing Square USA Files For To Withdraw IPO Plans - SEC Filing
Aug 1, 2024
Aug 1 (Reuters) - Pershing Square Holdings Ltd: * PERSHING SQUARE USA LTD FILES FOR TO WITHDRAW IPO PLANS - SEC FILING * PERSHING SQUARE USA LTD SAYS IT HAD FILED FOR IPO IN FEBRUARY 2024 Source text for Eikon: Further company coverage: ...
UAE-based G42 working with US to meet AI standards amid China concerns
UAE-based G42 working with US to meet AI standards amid China concerns
Aug 1, 2024
DUBAI, Aug 1 (Reuters) - UAE-based artificial intelligence company G42 is actively working with U.S. partners and the Emirati government to comply with AI development and deployment standards, amid concerns about its ties to China. A spokesperson for the company told Reuters on Thursday that the firm will work with partners to comply with the highest global standards in AI,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved