Is COVID-19 Vaccine Maker Novavax a Buy Right Now? Here’s What You Need to Know

And just like that, Novavax (NVAX) is back in the spotlight. Gaining a whopping 328% since the start of 2020, the healthcare company has consistently attracted attention from market watchers, primarily thanks to its efforts to develop a vaccine against COVID-19. The latest reason for its appearance on Wall Street’s radar? Its vaccine development program’s giant leap forward.On April 8, the company announced that it had identified a lead COVID-19 vaccine candidate. The experimental vaccine, NVX-CoV2373, is a prefusion protein created using NVAX’s patented lipid nanoparticle platform, with a Phase 1 first-in-human study set to begin in mid-May. As a …read more

Source:: Yahoo Finance

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