regulatory
confidence high
sentiment positive
materiality 0.65
FDA lifts clinical hold on Novavax's COVID-flu combo and standalone flu vaccines
NOVAVAX INC
- FDA removed clinical hold on Novavax's IND for CIC and stand-alone influenza candidates on Nov 11.
- Hold was placed Oct 16 due to a serious adverse event (motor neuropathy, later ALS) in a Phase 2 participant.
- Novavax provided additional data confirming the event was not related to the vaccine.
- FDA cleared Novavax to begin enrollment in the planned Phase 3 trial for both vaccine candidates.
- Novavax will work with investigators to resume trial activities as quickly as possible.