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Novavax reaches settlement with UK Health Security Agency over COVID-19 vaccine agreement

Express Pharma

Novavax said on Tuesday that it has entered into a termination and settlement agreement with the UK Health Security Agency (UKHSA) related to its COVID-19 vaccine supply agreement. million over a three-year period, ending on June 30, 2027, a filing showed. Novavax has agreed to refund $123.8 The first installment payment is due on Nov.

Vaccines 103
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Manufacturing facility expansion to advance next-gen vaccine

European Pharmaceutical Review

Overall, the goal of expanded facility is to strengthen [SK biosciences] manufacturing capabilities for global supply [of the pneumococcal conjugate vaccine candidate GBP410]” SK bioscience has announced its manufacturing plant L HOUSE, in Andong, Gyeongsangbuk-do, South Korea, is set to have a facility expansion.

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Pfizer’s Covid-19 vaccine sales forecasts upgraded with sales of $37bn in 2022

Pharmaceutical Technology

Pfizer and BioNTech’s Covid-19 vaccine, Comirnaty, had a phenomenal year with forecast sales of $37bn in 2022. Comirnaty is the leading prophylactic vaccine for Covid-19 and is expected to generate an additional $2.8bn in sales in 2022 compared to GlobalData’s H1 2022 forecast. Comirnaty is the first globally approved Covid-19 vaccine.

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Bavarian Nordic secures $156.8m US vaccine deal

Pharmaceutical Business Review

Additionally, the contract includes around $17m for additional services from 2025 to 2027, which encompasses the storage of vaccine doses within the US. The vaccine, known as MVA-BN or Modified Vaccinia Ankara-Bavarian Nordic, is marketed under various brand names, JYNNEOS, IMVANEX, and IMVAMUNE.

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Covid-19 vaccine success bolsters nanoparticle drug delivery research

Pharmaceutical Technology

Since then, the field of nanomedicine has steadily progressed to reach high points such as the successful use of nanotechnology to deliver messenger RNA (mRNA)-based Covid-19 vaccines. In the case of most mRNA vaccines, a lipid nanoparticle-based approach was chosen due to its ability to protect the mRNA in the body and prevent degradation.

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STAT+: Moderna touts research progress as it cuts R&D spending by $1.1 billion

STAT

billion, between 2024 and 2027 in a concession to investors who have viewed the company’s outlays following its pandemic-era windfall as profligate. Moderna said Thursday it would cut its annual spending on research and development by 23%, or $1.1

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STAT+: Pharmalittle: We’re reading about unsupported drug price hikes, an annual HIV prevention shot, and more

STAT

Such a medicine, if proven effective, would be the closest thing to a vaccine the HIV field has produced in four decades of research. The company plans to begin the trial next year, with an eye toward regulatory filings in late 2027.