Country for PR: United States
Contributor: PR Newswire New York
Friday, October 29 2021 - 22:31
AsiaNet
Novavax Files for Provisional Approval of its COVID-19 Vaccine in Australia
GAITHERSBURG, Md., Oct. 29, 2021 /PRNewswire-AsiaNet/ --

-- Application marks the first protein-based COVID-19 vaccine submitted to 
regulatory authorities for provisional approval in Australia

-- In addition to today's submission to the Therapeutic Goods Administration, 
the company recently filed for authorization with MHRA, with additional filings 
in process

-- All modules required for Australian regulatory evaluation, including 
Quality/ CMC data, are now complete

Novavax, Inc. (Nasdaq: NVAX), a biotechnology company dedicated to developing 
and commercializing next-generation vaccines for serious infectious diseases, 
today announced the completion of its rolling submission to the Therapeutic 
Goods Administration (TGA) for provisional approval of its COVID-19 vaccine 
candidate. The company's application to the TGA marks the first complete 
application for provisional approval of a protein-based COVID-19 vaccine in 
Australia.

"This submission brings Novavax significantly closer to delivering doses of the 
first protein-based COVID-19 vaccine to Australia and, along with this week's 
filing for conditional marketing authorization in the U.K., brings us one step 
closer to our goal of ensuring broad global access to our vaccine," said 
Stanley C. Erck, President and Chief Executive Officer, Novavax. "We thank the 
Australian clinical trial participants and trial sites, as well as the 
regulatory and vaccine experts, for their assistance and contribution to this 
vaccine program." 

Australia has played a pivotal role in the Phase 1 and Phase 2 clinical trials 
supporting the development of NVX-CoV2373, the company's recombinant 
nanoparticle protein-based COVID-19 vaccine with Matrix-M(TM) adjuvant. 
Additional booster trials and a Phase 1/2 trial for a combination vaccine using 
Novavax' seasonal influenza and COVID-19 vaccine are underway in Australia. 

Novavax has now completed the submission of all modules required by the TGA for 
the regulatory evaluation of its COVID-19 vaccine. This includes preclinical, 
clinical, and chemistry, manufacturing and controls (CMC) data. Clinical data 
from a pivotal Phase 3 trial of 15,000 participants in the U.K. was submitted 
to the TGA earlier this year in which NVX-CoV2373 demonstrated efficacy of 
96.4% against the original virus strain, 86.3% against the Alpha (B.1.1.7) 
variant and 89.7% efficacy overall, as well as a favorable safety and 
tolerability profile. Clinical data from PREVENT-19, a pivotal Phase 3 trial of 
30,000 participants in the U.S. and Mexico that demonstrated 100% protection 
against moderate and severe disease and 90.4% efficacy overall, was also 
submitted to the TGA.

Novavax recently filed ( 
https://c212.net/c/link/?t=0&l=en&o=3340375-1&h=3372319664&u=https%3A%2F%2Fnovavax.reportablenews.com%2Fpr%2Fnovavax-files-for-authorization-of-its-covid-19-vaccine-in-the-united-kingdom&a=recently+filed 
) for conditional marketing authorization in the U.K. and expects to shortly 
complete additional regulatory filings in key markets, including Europe, 
Canada, New Zealand and the World Health Organization, as well as other markets 
around the world. In the U.S., Novavax expects to submit the complete package 
to the FDA by the end of the year. 

This submission was facilitated by the Company's local partner, Biocelect Pty. 
Ltd., as sponsor. The submission to TGA leverages Novavax' manufacturing 
partnership with the Serum Institute of India, the world's largest supplier of 
COVID-19 vaccines, and will later be supplemented with additional global supply 
chain. 

About NVX-CoV2373 

NVX-CoV2373 is a protein-based vaccine candidate 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 microgram antigen and 50 microgram Matrix-M(TM) adjuvant) given 
intramuscularly 21 days apart. The vaccine is stored at 2- 8 degrees Celsius, 
enabling the use of existing vaccine supply and cold chain channels.

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 combines the power and speed of 
genetic engineering to efficiently produce highly immunogenic nanoparticles 
designed to address urgent global health needs. Novavax is conducting 
late-stage clinical trials for NVX-CoV2373, its vaccine candidate against 
SARS-CoV-2, the virus that causes COVID-19. NanoFlu(TM), its quadrivalent 
influenza nanoparticle vaccine, met all primary objectives in its pivotal Phase 
3 clinical trial in older adults. Both 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=3340375-1&h=1569382442&u=https%3A%2F%2Fc212.net%2Fc%2Flink%2F%3Ft%3D0%26l%3Den%26o%3D3260461-1%26h%3D1316526774%26u%3Dhttps%253A%252F%252Fc212.net%252Fc%252Flink%252F%253Ft%253D0%2526l%253Den%2526o%253D3158017-1%2526h%253D500821283%2526u%253Dhttps%25253A%25252F%25252Ftwitter.com%25252FNovavax%2526a%253DTwitter%26a%3DTwitter&a=Twitter 
) and LinkedIn ( 
https://c212.net/c/link/?t=0&l=en&o=3340375-1&h=630072061&u=https%3A%2F%2Fc212.net%2Fc%2Flink%2F%3Ft%3D0%26l%3Den%26o%3D3260461-1%26h%3D1508558197%26u%3Dhttps%253A%252F%252Fc212.net%252Fc%252Flink%252F%253Ft%253D0%2526l%253Den%2526o%253D3158017-1%2526h%253D3702938248%2526u%253Dhttps%25253A%25252F%25252Fwww.linkedin.com%25252Fcompany%25252Fnovavax%25252F%2526a%253DLinkedIn%26a%3DLinkedIn&a=LinkedIn 
).

Forward-Looking Statements
Statements herein relating to the future of Novavax, its operating plans and 
prospects, its partnerships, the ongoing development of NVX-CoV2373 and other 
Novavax vaccine product candidates, the scope, timing and outcome of future 
regulatory filings and actions and the preparedness of Novavax to deliver 
vaccine doses 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
Alison Chartan | 240-720-7804
Laura Keenan Lindsey | 202-709-7521
media@novavax.com

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SOURCE  Novavax, Inc.