Novavax’s stock slides 16% after FDA puts clinical hold on COVID and flu vaccine candidates

Date:

Share post:




Novavax Inc.’s stock tumbled 16% early Wednesday after the company said the FDA has placed a clinical hold on its COVID-19-and-flu combination and stand-alone flu vaccine candidates, following a case of motor neuropathy in a participant in a mid-stage trial.



Source link

Alexandra Williams
Alexandra Williams
Alexandra Williams is a writer and editor. Angeles. She writes about politics, art, and culture for LinkDaddy News.

Recent posts

Related articles

Bond investors position for new debt from Goldman Sachs and Morgan Stanley

Bond investors — who have sent spreads on the debt of the big U.S. money-center banks to...

Parents trust Republicans more on the economy, but they’re split on Trump vs. Harris

In a survey by the National Parents Union, more parents said they trust the Republican party to...

ASML says chip-market slump will mainly impact sales to China

A day after a profit warning that rocked the stock market, executives at ASML Holding said the...

Holiday sales growth could slow to pre-pandemic levels, retail group says

U.S. holiday-season spending is likely to hit another record, a major retail-industry group said Tuesday, but it...

ASML results could provide insight into AI, China demand

ASML Holding, the Dutch company that makes the chip-making machines used by the major players in the...

Hint of ‘very high’ consumer inflation expectations raises risks for Treasury market

Buried inside last Friday’s data from the University of Michigan was a shocking inflation outlook from a...

Why Saudi Arabia may ‘open the spigot’ on oil production — and crater crude prices

The possibly that Saudi Arabia will lift the “floodgates” on its oil production has climbed in recent...

Hedge-fund manager who could be Trump Treasury secretary says tariffs can be negotiated lower

A hedge-fund manager who is reported to be in the running to be Treasury secretary if former...