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Biotech / Medical : Novavax NVAX

NVAX 7.910

-5.8%

Nov 3 3:59 PM EST

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From: Rock_nj	7/16/2009 10:44:22 PM
	of 166

Novavax will be selling flu vaccine in India by October. That is a HUGE development for Novavax, a non-revenue producing company. This will finally ramp up the price this fall. Looking forward to hearing about future revenues in the conference call during the earnings report in August. On Thursday, Novavax Inc., a biotechnology firm in Rockville, announced a joint venture with Cadila Pharmaceuticals in India to develop the swine flu vaccine. Under the joint venture, CPL Biologicals Pvt. Ltd, the first round of swine flu vaccine would be available by October. gazette.net

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