Japan buys 150 million doses of Novavax coronavirus vaccine
The Japanese government has agreed to buy 150 million doses of the coronavirus vaccine candidate under development by Novavax (Nasdaq: NVAX).
The USA-based firm has previously agreed a deal with Japanese pharma major Takeda Pharmaceutical (TSE:4502) for the manufacture of the vaccine, within Japan, subject to licensing and approval.
Under the terms of the deal, Takeda is establishing the capability to manufacture NVX-CoV2373 at its existing facilities in the country, and aims to begin distribution in early 2022.
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