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Is Novavax Stock a Buy?
NVAXNovavax(NVAX) fool.com·2024-05-18 11:35

In return, Novavax will get an influx of cash. Sanofi will pay 500millionupfront,andNovavaxcouldgetanother500 million upfront, and Novavax could get another 700 million depending on development and regulatory milestones. Novavax coulf also receive up to $200 million, plus royalties, "for each additional Sanofi vaccine product developed under a non-exclusive license with Novavax's Matrix-M adjuvant technology." The cash gives Novavax a lot more stability. It has previously raised a "going concern risk" about its business, which means there are doub ...