Friday, September 16, 2016

Novavax (NVAX) Phase 3 RSV Flu trial fails to meet its endpoints

Today, NVAX announced its lead Phase 3 RSV vaccine trial failed to meet its endpoints.
The company says its trial experienced low vaccine attack-rates which hurt its results.




NVAX's cash value is approximately $1.20

Disclosure - I am long NVAX, I do not short stocks

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