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Novavax Licenses Matrix-M Adjuvant to Pfizer for Upfront Payment of $30 Million and Potential Milestones.
ByAinvest
Tuesday, Jan 20, 2026 7:43 am ET1min read
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Novavax has licensed its Matrix-M adjuvant to Pfizer for $30 million upfront and up to $500 million in development and sales milestones. The deal allows Pfizer to use Matrix-M in up to two disease areas and receive royalties on sales. Novavax will supply Matrix-M and Pfizer will be responsible for development and commercialization.
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