Novavax underdelivers on Covid-19 vaccine promises

Novavax has delayed first-quarter shipments in Europe and lower income countries such as the Philippines.NEW YORK - Novavax Inc has delivered just a small fraction of the two billion Covid-19 shots it plans to send around the world in 2022 and has delayed first-quarter shipments in Europe and lower-income countries such as the Philippines, public officials involved in their government's vaccine roll-outs told Reuters.

When the tiny company missed 2021 targets, buyers turned to rivals including Pfizer Inc/BioNTech SE, Moderna Inc, and Chinese drugmakers. "It's concerning when they have been saying they have been ready to ship millions of doses but the numbers you're hearing are different," said Mr Mayank Mamtani, a healthcare analyst at B. Riley Securities.

Low- and middle-income countries will feel the pinch the most if Novavax is missing planned shipments, said Mr Stephen Morrison, the director of the global health policy at Washington DC research group Centre for Strategic and International Studies.Novavax began delivering Serum Institute-produced doses to Indonesia late last year.

The initial shipments from Serum Institute were delivered to its distribution facility in the Netherlands and are awaiting final regulatory clearance for release, she said.

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Novavax underdelivers on Covid-19 vaccine promises
Source: STForeignDesk - 🏆 4. / 71 Read more »

Number of new local Covid-19 cases rises to 12,791 in S'pore; 1,194 patients hospitalisedWhat goes up has to come down!
Source: straits_times - 🏆 5. / 69 Read more »

New local Covid-19 cases rises to 12,791 in S'pore; 1,194 in hospitalThe total number of locally transmitted Covid-19 cases in Singapore rose to 12,791 on Tuesday (Feb 8), up from 7,629 the day before. There were 29 more patients hospitalised with Covid-19, bringing the number to 1,194, up from 1,165 on Monday, said the Ministry of Health in... Tio also good no need to go work 7 days
Source: thenewpaper - 🏆 7. / 63 Read more »

New Zealand PM Jacinda Ardern warns of more COVID-19 variants in 2022WELLINGTON: The COVID-19 pandemic will not end with the Omicron variant and New Zealand will have to prepare for more variants of the virus this year, Prime Minister Jacinda Ardern said on Tuesday (Feb 8) in her first parliamentary speech for 2022. Ardern\u0027s warning came as hundreds of protesters gathered o
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

New Zealand PM warns of more Covid-19 variants in 2022straits_times BEWARE of New variant called FREEDOM
Source: STForeignDesk - 🏆 4. / 71 Read more »