Novavax Posts Surprise Q2 Profit, Hinges Hopes on Updated COVID Shot

cafead

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  • cafead   Aug 08, 2023 at 11:03: PM
via Embattled vaccine maker Novavax is back in the black—at least, for now. In its second-quarter financial update Tuesday, the Maryland-based biotech posted a surprise $58 million in net income compared to a net loss of $510 million in the same period last year.

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