USA invests in COVID-19 vaccine for Americans

7 July 2020

Novavax (Nasdaq: NVAX) has been selected to participate in Operation Warp Speed, a US government project to expedite COVID-19 vaccine development.

Shares in the company jumped 40% in pre-market trading on Tuesday.

The firm's candidate, NVX‑CoV2373, consists of a stable, prefusion protein made using nanoparticle technology and the Matrix‑M adjuvant.

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