FDA’s Novavax Vaccine Approval Delay Causes Uncertainty; Impacts Pfizer and Moderna

The Food and Drug Administration’s (FDA) delay in granting full approval to Novavax’s COVID-19 vaccine sparked confusion over the weekend. This situation potentially impacts Pfizer and Moderna, which already have full FDA approval for their COVID-19 vaccines. The FDA’s continued review of Novavax’s application raises questions, especially considering the established approval pathways for similar vaccines from Pfizer and Moderna. The reasons behind the extended review remain unclear, leading to speculation about the potential implications for Novavax and the broader vaccine market, including industry giants Pfizer and Moderna.

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Date: April 27, 2025

Author

Mark Chiang