Shares in Novavax, (Nasdaq: NVAX), a US company advancing protein-based vaccines with its Matrix-M adjuvant, have increased by more than a quarter so far this week.
Investors were reacting to positive results from the company’s Phase II trial evaluating three vaccine candidates, COVID-Influenza Combination, stand-alone influenza and high-dose COVID.
"Today's positive data are encouraging and further validate the value of our technology platform"Preliminary top-line immune responses for all three vaccine candidates were robust versus authorized comparators.
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