Endo starts manufacturing Novavax’s potential COVID-19 vaccine

(Reuters) – Generic drugmaker Endo said on Friday it was manufacturing Novavax Inc’s experimental COVID-19 vaccine, sending its shares up 10% before the trading bell.

The news comes a day after Novavax launched a late-stage trial of the vaccine candidate, NVX‑CoV2373, in the United Kingdom.

Endo said it has signed a deal with Novavax and its unit Par Sterile has begun production of the final drug product, with initial batches to be used in Novavax’s phase-3 clinical trial in the United States.

FILE PHOTO: A small bottle labeled with a “Vaccine” sticker is held near a medical syringe in front of displayed “Coronavirus COVID-19” words in this illustration taken April 10, 2020. REUTERS/Dado Ruvic//File Phot

Financials and other terms of the non-exclusive agreement were not disclosed.

NVX‑CoV2373 is currently also being tested in two ongoing mid-stage trials that began in August.

 

Reporting by Manas Mishra and Mrinalika Roy in Bengaluru; Editing by Shinjini Ganguli

 

Reuters source:

https://www.reuters.com/article/us-health-coronavirus-novavax-endo/endo-starts-manufacturing-novavaxs-potential-covid-19-vaccine-idUSKCN26G1OT