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Novavax Shares Rise 5% Amid Licensing Deal with Pfizer
ByAinvest
Wednesday, Jan 21, 2026 1:01 am ET1min read
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Novavax's shares rose by 5% in premarket trading after the company reached a licensing deal with Pfizer for the use of Novavax's Matrix-M adjuvant in Pfizer's products. The deal allows Pfizer to use Novavax's adjuvant in its COVID-19 vaccines and other products, expanding Novavax's reach and potential revenue. The partnership is a significant milestone for Novavax and highlights the growing demand for COVID-19 vaccines.
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