UK regulator approves adapted Novavax jab
The Medicines and Healthcare products Regulatory Agency (MHRA) has approved an updated version of Novavax’s (Nasdaq: NVAX) Nuvaxovid shot, targeting the latest subvariant.
The adapted vaccine, which has been cleared for use in adults and adolescents aged 12 years and older, was approved under the International Recognition Procedure.
The UK nod comes shortly after Novavax resolved a dispute over a COVID-19 vaccine supply deal in the country. The Maryland-based biotech agreed to pay $124 million to the UK Health Security Agency, settling the matter in quarterly installments of $10.3 million over three years.
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