Novavax's Nuvaxovid® COVID-19 Vaccine Receives Regulatory Approval in Japan, Triggering Milestone Payment from Takeda
GAITHERSBURG, Md., Sept. 4, 2025 - Novavax, Inc. (Nasdaq: NVAX) has announced the regulatory approval of its COVID-19 vaccine, Nuvaxovid®, in Japan. The approval applies to its use as an initial immunization for individuals aged six years and older, and as a booster for those aged 12 and older. This milestone triggers a payment from Takeda to Novavax, under their collaboration agreement. The vaccine targets the SARS-CoV-2 Omicron LP.8.1 variant and offers a protein-based, non-mRNA option in the Japanese market. Novavax is also set to receive royalties on net sales from Takeda. Specific payment amounts remain confidential due to contractual agreements.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Novavax Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: PH64907) on September 04, 2025, and is solely responsible for the information contained therein.
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