Nuvaxovid® Now Approved in Japan Triggering Takeda Milestone Payment
1. Novavax receives a milestone payment from Takeda after Japanese regulatory approval. 2. Nuvaxovid® vaccine targets SARS-CoV-2 Omicron variant for various age groups. 3. The deal ensures a non-mRNA COVID-19 vaccine option in Japan, boosting corporate growth. 4. Novavax can earn royalties on Nuvaxovid sales in Japan this vaccination season. 5. Improved agreement terms with Takeda enhance future revenue potential for Novavax.