Novavax and Serum Institute of India Announce World Health Organization Grants Emergency Use Listing for NVX-CoV2373 COVID-19 Vaccine

Novavax, Inc.

PR93771

 

GAITHERSBURG, Md. and PUNE, India, Dec. 18, 2021 /PRNewswire=KYODO JBN/ --

 

    - First EUL granted by WHO for a protein-based COVID-19 vaccine

    - EUL vaccine manufactured and marketed by SII as COVOVAX(TM)

    - WHO EUL for Nuvaxovid(TM) currently under assessment; will be completed

following European Medicines Agency (EMA) review

 

Novavax, Inc. (Nasdaq: NVAX), a biotechnology company dedicated to developing

and commercializing next-generation vaccines for serious infectious diseases,

and Serum Institute of India Pvt. Ltd. (SII), the world's largest vaccine

manufacturer by volume, today announced that the World Health Organization

(WHO) has granted Emergency Use Listing (EUL) [

https://www.who.int/news/item/17-12-2021-who-lists-9th-covid-19-vaccine-for-emergency-use-with-aim-to-increase-access-to-vaccination-in-lower-income-countries

] for NVX-CoV2373, Novavax' recombinant nanoparticle protein-based COVID-19

vaccine with Matrix-M(TM) adjuvant, for active immunization of individuals 18

years of age and older for the prevention of coronavirus disease 2019 caused by

SARS-CoV-2. Today's EUL pertains to vaccine manufactured and marketed by SII as

COVOVAX(TM), a novel recombinant, adjuvanted SARS-CoV-2 rS Vaccine, in India

and licensed territories. An additional EUL filing is under review by the WHO

for vaccine to be marketed by Novavax under the brand name Nuvaxovid(TM).

 

The EUL prequalifies Novavax' COVID-19 vaccine as meeting the established WHO

standards for quality, safety and efficacy. EUL is a prerequisite for exports

to numerous countries, including those participating in the COVAX Facility,

which was established to allocate and distribute vaccines equitably to

participating countries and economies.

 

"Today's decision from the World Health Organization is vital to ensuring

global access to a protein-based COVID-19 vaccine for hundreds of millions of

people around the world," said Stanley C. Erck, President and Chief Executive

Officer, Novavax. "We thank the World Health Organization for its thorough

assessment. We believe this vaccine will help overcome barriers to vaccine

access in many regions of the world by leveraging the traditional refrigeration

used in existing vaccine supply channels, while also offering an option based

on a familiar and well-understood technology."

 

"The EUL by the World Health Organization is a great encouragement towards

making COVID-19 vaccines more accessible. Our partnership with Novavax has been

successful in providing global public health leadership and ensuring that all

countries have broad access to a viable vaccine," said Adar Poonawalla, Chief

Executive Officer, Serum Institute of India. "COVOVAX is the first

protein-based COVID-19 vaccine option, with demonstrated efficacy and a

well-tolerated safety profile, to be made available through the COVAX Facility.

We thank the WHO and seek to help the world control the spread of the pandemic."

 

"It is very welcome news that the world now has a new weapon in its arsenal of

tools to fight COVID-19," said Dr Richard Hatchett, Chief Executive Officer,

Coalition for Epidemic Preparedness Innovations (CEPI). "CEPI's investments to

accelerate the clinical development and manufacturing of Novavax' vaccine have

been critical to enabling equitable access to the vaccine through COVAX."

 

"We welcome the news that the COVOVAX vaccine has received WHO Emergency Use

Listing, providing the world – and COVAX participants – with another promising

class of vaccine as well as yet another tool in the battle against COVID-19,"

said Dr Seth Berkley, CEO of Gavi, the Vaccine Alliance. "With data on safety

and efficacy against several variants, strong potential in mix and match and

booster regimens, and standard storage temperatures, this vaccine will provide

countries with another critical option in the quest to help protect their

populations."

 

The grant of EUL was based on the totality of preclinical, manufacturing and

clinical trial data submitted for review. This includes two pivotal Phase 3

clinical trials: PREVENT-19, which enrolled approximately 30,000 participants

in the U.S. and Mexico, the results of which were published December 15, 2021

in the New England Journal of Medicine [

https://c212.net/c/link/?t=0&l=en&o=3394048-1&h=9282239&u=https%3A%2F%2Fwww.nejm.org%2Fdoi%2Ffull%2F10.1056%2FNEJMoa2116185%3Fquery%3Dfeatured_home&a=New+England+Journal+of+Medicine

] (NEJM); and a trial that evaluated the vaccine in more than 14,000

participants in the U.K., the results of which were published June 30, 2021 in

NEJM [

https://c212.net/c/link/?t=0&l=en&o=3394048-1&h=3438695673&u=https%3A%2F%2Fwww.nejm.org%2Fdoi%2Ffull%2F10.1056%2FNEJMoa2107659&a=NEJM

]. In both trials, NVX-CoV2373 demonstrated high efficacy and a reassuring

safety and tolerability profile. Novavax will continue to collect and analyze

real-world data, including the monitoring of safety and the evaluation of

variants, as the vaccine is distributed.

 

Novavax and SII recently received emergency use authorization (EUA) for COVOVAX

in Indonesia [

https://c212.net/c/link/?t=0&l=en&o=3394048-1&h=1435071217&u=https%3A%2F%2Fc212.net%2Fc%2Flink%2F%3Ft%3D0%26l%3Den%26o%3D3362716-1%26h%3D3386714073%26u%3Dhttps%253A%252F%252Fir.novavax.com%252F2021-11-01-Novavax-and-Serum-Institute-of-India-Receive-Emergency-Use-Authorization-for-COVID-19-Vaccine-in-Indonesia%26a%3DIndonesia&a=Indonesia

] and the Philippines [

https://c212.net/c/link/?t=0&l=en&o=3394048-1&h=2944123132&u=https%3A%2F%2Fir.novavax.com%2F2021-11-17-Novavax-and-Serum-Institute-of-India-Receive-Emergency-Use-Authorization-for-COVID-19-Vaccine-in-the-Philippines&a=Philippines

]. The vaccine is also currently under review by multiple regulatory agencies

worldwide. The company expects to submit its complete chemistry, manufacturing

and controls (CMC) data package to the U.S. FDA by the end of the year.

 

For additional information on today's announcement and COVOVAX, please visit

the following websites:

 

    - World Health Organization [

https://c212.net/c/link/?t=0&l=en&o=3394048-1&h=4202947419&u=https%3A%2F%2Fwww.who.int%2Fnews%2Fitem%2F17-12-2021-who-lists-9th-covid-19-vaccine-for-emergency-use-with-aim-to-increase-access-to-vaccination-in-lower-income-countries&a=World+Health+Organization

]

    - Serum Institute of India [

https://c212.net/c/link/?t=0&l=en&o=3394048-1&h=305829963&u=https%3A%2F%2Fc212.net%2Fc%2Flink%2F%3Ft%3D0%26l%3Den%26o%3D3362716-1%26h%3D3594212714%26u%3Dhttps%253A%252F%252Fwww.seruminstitute.com%252Fproduct_overseas.php%26a%3DSerum%2BInstitute%2Bof%2BIndia&a=Serum+Institute+of+India

]

 

Emergency Use Listing of COVOVAX(TM) by the World Health Organization

The World Health Organization (WHO) has issued Emergency Use Listing for

COVOVAX/Recombinant Spike Protein of SARS-CoV-2 Virus 5 mcg for active

immunization of individual 18 years of age and older for the prevention of

coronavirus disease 2019 caused by SARS-CoV-2.

 

About NVX-CoV2373  

NVX-CoV2373 is a protein-based vaccine engineered from the genetic sequence of

the first strain of SARS-CoV-2, the virus that causes COVID-19 disease.

NVX-CoV2373 was created using Novavax' recombinant nanoparticle technology to

generate antigen derived from the coronavirus spike (S) protein and is

formulated with Novavax' patented saponin-based Matrix-M(TM) adjuvant to

enhance the immune response and stimulate high levels of neutralizing

antibodies. NVX-CoV2373 contains purified protein antigen and can neither

replicate, nor can it cause COVID-19.

 

Novavax' COVID-19 vaccine is packaged as a ready-to-use liquid formulation in a

vial containing ten doses. The vaccination regimen calls for two 0.5 ml doses

(5 mcg antigen and 50 mcg Matrix-M adjuvant) given intramuscularly 21 days

apart. The vaccine is stored at 2 degrees - 8 degrees Celsius, enabling the use

of existing vaccine supply and cold chain channels.

 

Novavax has established partnerships for the manufacture, commercialization and

distribution of NVX-CoV2373 worldwide.

 

About the NVX-CoV2373 Phase 3 trials

NVX-CoV2373 is being evaluated in two pivotal Phase 3 trials.

 

A trial conducted in the U.K. with 14,039 participants was designed as a

randomized, placebo-controlled, observer-blinded study and achieved overall

efficacy of 89.7%. The primary endpoint was based on the first occurrence of

PCR-confirmed symptomatic (mild, moderate or severe) COVID-19 with onset at

least 7 days after the second study vaccination in serologically negative (to

SARS-CoV-2) adult participants at baseline.

 

PREVENT-19, a trial in the U.S. and Mexico, with 25,452 participants, achieved

90.4% efficacy overall. It was designed as a is a 2:1 randomized,

placebo-controlled, observer-blinded study to evaluate the efficacy, safety and

immunogenicity of NVX-CoV2373. The primary endpoint for PREVENT-19 was the

first occurrence of PCR-confirmed symptomatic (mild, moderate or severe)

COVID-19 with onset at least 7 days after the second dose in serologically

negative (to SARS-CoV-2) adult participants at baseline. The statistical

success criterion included a lower bound of 95% CI >30%. The key secondary

endpoint is the prevention of PCR-confirmed, symptomatic moderate or severe

COVID-19. Both endpoints were assessed at least seven days after the second

study vaccination in volunteers who had not been previously infected with

SARS-CoV-2. It was generally well-tolerated and elicited a robust antibody

response in both studies.

 

About Matrix-M(TM) Adjuvant

Novavax' patented saponin-based Matrix-M(TM) adjuvant has demonstrated a potent

and well-tolerated effect by stimulating the entry of antigen-presenting cells

into the injection site and enhancing antigen presentation in local lymph

nodes, boosting immune response.

 

About Novavax

Novavax, Inc. (Nasdaq: NVAX) is a biotechnology company that promotes improved

health globally through the discovery, development and commercialization of

innovative vaccines to prevent serious infectious diseases. The company's

proprietary recombinant technology platform harnesses the power and speed of

genetic engineering to efficiently produce highly immunogenic nanoparticles

designed to address urgent global health needs. NVX-CoV2373, the company's

COVID-19 vaccine, received Emergency Use Authorization in Indonesia and the

Philippines and has been submitted for regulatory authorization in multiple

markets globally. NanoFlu(TM), the company's quadrivalent influenza

nanoparticle vaccine, met all primary objectives in its pivotal Phase 3

clinical trial in older adults. Novavax is currently evaluating a COVID-NanoFlu

combination vaccine in a Phase 1/2 clinical trial, which combines the company's

NVX-CoV2373 and NanoFlu vaccine candidates. These vaccine candidates

incorporate Novavax' proprietary saponin-based Matrix-M(TM) adjuvant to enhance

the immune response and stimulate high levels of neutralizing antibodies.

 

For more information, visit www.novavax.com and connect with us on Twitter [

https://c212.net/c/link/?t=0&l=en&o=3394048-1&h=63520917&u=https%3A%2F%2Fc212.net%2Fc%2Flink%2F%3Ft%3D0%26l%3Den%26o%3D3392093-1%26h%3D1222342448%26u%3Dhttps%253A%252F%252Fc212.net%252Fc%252Flink%252F%253Ft%253D0%2526l%253Den%2526o%253D3387216-1%2526h%253D3606837610%2526u%253Dhttps%25253A%25252F%25252Fc212.net%25252Fc%25252Flink%25252F%25253Ft%25253D0%252526l%25253Den%252526o%25253D3260461-1%252526h%25253D1316526774%252526u%25253Dhttps%2525253A%2525252F%2525252Fc212.net%2525252Fc%2525252Flink%2525252F%2525253Ft%2525253D0%25252526l%2525253Den%25252526o%2525253D3158017-1%25252526h%2525253D500821283%25252526u%2525253Dhttps%252525253A%252525252F%252525252Ftwitter.com%252525252FNovavax%25252526a%2525253DTwitter%252526a%25253DTwitter%2526a%253DTwitter%26a%3DTwitter&a=Twitter

] , LinkedIn [

https://c212.net/c/link/?t=0&l=en&o=3394048-1&h=3400937450&u=https%3A%2F%2Fc212.net%2Fc%2Flink%2F%3Ft%3D0%26l%3Den%26o%3D3392093-1%26h%3D1325598136%26u%3Dhttps%253A%252F%252Fc212.net%252Fc%252Flink%252F%253Ft%253D0%2526l%253Den%2526o%253D3387216-1%2526h%253D2935962557%2526u%253Dhttps%25253A%25252F%25252Fc212.net%25252Fc%25252Flink%25252F%25253Ft%25253D0%252526l%25253Den%252526o%25253D3260461-1%252526h%25253D1508558197%252526u%25253Dhttps%2525253A%2525252F%2525252Fc212.net%2525252Fc%2525252Flink%2525252F%2525253Ft%2525253D0%25252526l%2525253Den%25252526o%2525253D3158017-1%25252526h%2525253D3702938248%25252526u%2525253Dhttps%252525253A%252525252F%252525252Fwww.linkedin.com%252525252Fcompany%252525252Fnovavax%252525252F%25252526a%2525253DLinkedIn%252526a%25253DLinkedIn%2526a%253DLinkedIn%26a%3DLinkedIn&a=LinkedIn

] , Instagram [

https://c212.net/c/link/?t=0&l=en&o=3394048-1&h=761682016&u=https%3A%2F%2Fc212.net%2Fc%2Flink%2F%3Ft%3D0%26l%3Den%26o%3D3392093-1%26h%3D64626343%26u%3Dhttps%253A%252F%252Fc212.net%252Fc%252Flink%252F%253Ft%253D0%2526l%253Den%2526o%253D3387216-1%2526h%253D844488893%2526u%253Dhttps%25253A%25252F%25252Fc212.net%25252Fc%25252Flink%25252F%25253Ft%25253D0%252526l%25253Den%252526o%25253D3367039-1%252526h%25253D3348182013%252526u%25253Dhttps%2525253A%2525252F%2525252Fwww.instagram.com%2525252Fnovavax%2525252F%252526a%25253DInstagram%2526a%253DInstagram%26a%3DInstagram&a=Instagram

] and Facebook [

https://c212.net/c/link/?t=0&l=en&o=3394048-1&h=3341622150&u=https%3A%2F%2Fc212.net%2Fc%2Flink%2F%3Ft%3D0%26l%3Den%26o%3D3392093-1%26h%3D2234833677%26u%3Dhttps%253A%252F%252Fc212.net%252Fc%252Flink%252F%253Ft%253D0%2526l%253Den%2526o%253D3387216-1%2526h%253D4091724087%2526u%253Dhttps%25253A%25252F%25252Fwww.facebook.com%25252FNovavax%25252F%2526a%253DFacebook%26a%3DFacebook&a=Facebook

] .

 

About Serum Institute of India Pvt. Ltd.

Driven by the philanthropic philosophy of affordable vaccines, Serum Institute

of India Pvt, Ltd. is the world's largest vaccine manufacturer by number of

doses produced and sold globally (more than 1.5 billion doses), supplying the

world's least expensive and WHO-accredited vaccines to as many as 170

countries. It was founded in 1966 with the aim of manufacturing lifesaving

immunobiological drugs including vaccines worldwide. With a strong commitment

towards global health, the institute's objective has been proliferated by

bringing down the prices of newer vaccines such as such as Diphtheria, Tetanus,

Pertussis, Hib, BCG, r-Hepatitis B, Measles, Mumps and Rubella vaccines. SII is

credited with bringing world-class technology to India, through its

state-of-the-art equipped multifunctional production facility in Manjari, Pune;

association with Zipline and government agencies to transform emergency

medicine and critical care along with spearheading the race of vaccine

development against the COVID-19 pandemic.

 

Forward-Looking Statements

Statements herein relating to the future of Novavax, its operating plans and

prospects, its partnerships, the ongoing development of NVX-CoV2373, the scope,

timing and outcome of future regulatory filings and actions, the belief that

COVOVAX will help overcome barriers to vaccine access in many regions of the

world by leveraging the traditional refrigeration used in existing vaccine

supply channels, the role that Novavax may play in helping to control the

COVID-19 pandemic, Novavax' plans to deliver a COVID-19 vaccine to hundreds of

millions of people around the world, the potential to mix and match booster

regimens, and Novavax' plans to submit a complete CMC data package to the U.S.

FDA by the end of the year are forward-looking statements. Novavax cautions

that these forward-looking statements are subject to numerous risks and

uncertainties that could cause actual results to differ materially from those

expressed or implied by such statements. These risks and uncertainties include

challenges satisfying, alone or together with partners, various safety,

efficacy, and product characterization requirements, including those related to

process qualification and assay validation, necessary to satisfy applicable

regulatory authorities; difficulty obtaining scarce raw materials and supplies;

resource constraints, including human capital and manufacturing capacity, on

the ability of Novavax to pursue planned regulatory pathways; challenges

meeting contractual requirements under agreements with multiple commercial,

governmental, and other entities; and those other risk factors identified in

the "Risk Factors" and "Management's Discussion and Analysis of Financial

Condition and Results of Operations" sections of Novavax' Annual Report on Form

10-K for the year ended December 31, 2020 and subsequent Quarterly Reports on

Form 10-Q, as filed with the Securities and Exchange Commission (SEC). We

caution investors not to place considerable reliance on forward-looking

statements contained in this press release. You are encouraged to read our

filings with the SEC, available at www.sec.gov and www.novavax.com, for a

discussion of these and other risks and uncertainties. The forward-looking

statements in this press release speak only as of the date of this document,

and we undertake no obligation to update or revise any of the statements. Our

business is subject to substantial risks and uncertainties, including those

referenced above. Investors, potential investors, and others should give

careful consideration to these risks and uncertainties.

 

Contacts:

 

Investors

Novavax, Inc.  

Erika Schultz | 240-268-2022

ir@novavax.com

 

Solebury Trout

Alexandra Roy | 617-221-9197

aroy@soleburytrout.com

 

Media

Ali Chartan | 240-720-7804

Laura Keenan Lindsey | 202-709-7521  

media@novavax.com

 

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SOURCE  Novavax, Inc.

 

 

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