U.S. government awards Novavax $1.6 billion for coronavirus vaccine

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US government awards Novavax, Inc., $1.6B to cover testing, commercialization and manufacturing of a potential coronavirus vaccine, with the aim of delivering 100M doses by January 2021.

Currently, Novavax makes its adjuvant in Sweden. The company is building up U.S. manufacturing capacity for its adjuvant"so that we can make upwards of a billion doses of adjuvant in the United States," he said.

Erck said Novavax expects results of its Phase I safety trial within the next week or so. The company aims to start midstage trials in August or September, with Phase III testing starting in October, he added.

 

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We won't see any benefit from that 1.6 Billion Dollars, but Trump will. Trump will make millions off kickbacks and investments in corporations that will receive that money. We're being swindled by the president, and Americans will die in the process

It's a come up

Translation: To fill the space in the news cycle this administration gifts 2 Billion dollars to a company that has no vaccine developed to boost manufacturing of said unexistant vaccine.

Lol yeah right.

OK, who owns stock in Novavax?

nah.

I assume this company is run by one of Trump's friends or relatives.

'Commercialization' means the taxpayer-funded cure will be sold back to taxpayers

Big Pharma!

Tell me why do you believe that this is not corruption?

They better not screw is with $1,000 doses.

Awesome! Privatization and not federal government bullshit

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