Home » CEPI Gives Novavax $384 Million in New Funding for COVID-19 Vaccine
CEPI Gives Novavax $384 Million in New Funding for COVID-19 Vaccine
The Coalition for Epidemic Preparedness Innovations (CEPI) is giving Novavax an additional $384 million for development of its COVID-19 vaccine.
The funding will go toward phase 1 and 2 studies, as well as the ramping up of manufacturing to produce up to 100 million doses by the end of the year. CEPI invested $4 million in the vaccine in March.
Phase 1 trials of the vaccine are expected to begin this month in Australia, with preliminary results expected in July.
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