Novavax to Receive $350 Million for Cancelled COVID Vaccine Orders in Canada
According to a securities filing with the U.S. Securities and Exchange Commission (SEC) by Novavax Inc. of Gaithersburg, Maryland on June 30, 2023, the government of Canada will pay the company $349.6 million to settle the forfeiting of doses of its Nuvaxovid recombinant protein COVID-19 vaccine previously ordered and scheduled for delivery.1 2 Nuvaxvoid was […]
CDC Adds COVID Shots to Recommended Vaccine Schedules for Children and Adults
The U.S. Centers for Disease Control and Prevention (CDC) has updated recommended vaccine schedules for children, adolescents and adults to include the COVID-19 biologics. The move is consistent with recommendations made by the agency’s Advisory Committee on Vaccine Practices (ACIP) in October 2022.1 2 3 4 5 The update of the recommended vaccination schedules was […]
Government Buys 1.5 Million More Doses of Novavax’s COVID Vaccine
Biotechnology company Novavax announced that it has made a modification to an existing contract with the U.S. Department of Health and Human Services (HHS) and the Department of Defense (DoD) to provide up to 1.5 million more doses of its Nuvaxovid COVID-19 vaccine (also known as “NVX-CoV2373” and “Covovax”), in addition to the 3.2 million […]
More Than 1,000 Adverse Reactions to COVID Shots Reported in New Brunswick, Canada
According to the Department of Health in New Brunswick, Canada, 1,148 people living in that province suffered an adverse reaction after receiving a COVID-19 shot between Dec. 14, 2020 and Jan. 14, 2023. It was reported that 313 of the reactions were considered “serious.”1 Health Canada, the department of the Canadian government responsible for national health […]
Payout for Deaths Linked to COVID Shots Approved in Japan
On Jan. 12, 2023, Japan’s Ministry of Health, Labor and Welfare (MHLW) approved lump sum monetary payments to the families of five people in the country who died after getting COVID shots. Each payment is valued at ¥44.2 million ($345,677), and there is also a ¥212,000 ($1,658) contribution for funeral expenses.1 2 3 The five […]
More Than 200 Million Doses of COVID Shots Dumped Due to Diminishing Demand
Nearly two years after the introduction of COVID-19 biologics around the world, the pharmaceutical industry is facing a waning demand for these products. Scott Rosenstein, a New York-based health care adviser to Eurasia Group said: Supply is exceeding demand in much of the world, even with many countries rolling out booster shots. Once the perception set […]