Novavax says COVID vaccines will be much like annual flu shots

Executive vice president wishes for a 'clear path' into China as demand wanes

20230112 Novavax interview

Novavax's COVID-19 vaccine shots, which can be stored in a regular refrigerator, had a 90% efficacy in their clinical trial. (Nikkei montage/Novavax/Reuters)

AKITO TANAKA, Nikkei Asia chief business news correspondent

SINGAPORE -- Future sales of COVID-19 vaccines will take place in "an annual vaccination market, a lot like influenza," according to Novavax's executive vice president.

The U.S.-based biotechnology company, which gained U.S. authorization for its vaccine last summer, produces its jabs in partnerships with companies such as the Serum Institute of India, the world's largest vaccine maker, and Japan's Takeda Pharmaceutical.

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