Novavax shares spike over 100% on Sanofi deal to commercialize Covid vaccine, develop combination shots

The deal will allow Novavax to lift its “going concern” warning, which it first issued in 2023 due to having “substantial doubt” about its ability to survive.The deal will allow Novavax to lift its “going concern” warning, which it first issued in 2023 due to having “substantial doubt” about its ability to survive.