Key Points

  • Covovax, a COVID-19 vaccine developed by Novavax, will soon be available as a booster dose on the CoWIN platform in India.
  • The booster dose will be priced at Rs. 225 per dose plus GST.
  • The vaccine is expected to provide greater protection against the COVID-19 virus, including against emerging variants.
  • The Indian government is working to increase access to vaccines for all eligible individuals, and the availability of Covovax on CoWIN is a step in this direction.
  • With the increasing spread of the Omicron variant of the COVID-19 virus, the availability of booster doses like Covovax is critical in slowing the spread of the virus and protecting vulnerable populations.

Novavax Inc (NASDAQ: NVAX) has been making headlines recently due to its COVID-19 vaccine candidate, NVX-CoV2373. However, what's behind the company and its vaccine development? In this article, we will take an in-depth look at Novavax Inc. and its position in the healthcare market.

Novavax Inc. is an American biopharmaceutical company specializing in the development of vaccines for infectious diseases. The company was founded in 1987 and is based in Maryland. Novavax has developed several vaccines in the past, including a seasonal flu vaccine and a human papillomavirus vaccine.

COVID-19 vaccine development

In May 2020, Novavax announced that it had initiated a Phase 1/2 clinical trial for its COVID-19 vaccine candidate, NVX-CoV2373. According to the company, the vaccine uses recombinant protein technology and is based on the herringbone protein design of the SARS-CoV-2 virus.

In September 2020, Novavax received a $1.6 billion contract from the U.S. government to support the development and production of NVX-CoV2373. The company has also received funding from the government of the Czech Republic and the government of Australia to support its research.

In March 2021, Novavax announced the results of its Phase 3 clinical trial for NVX-CoV2373. The company reported that the vaccine had 96.4% efficacy in preventing moderate and severe COVID-19. In addition, the vaccine was effective against variants of the virus identified in South Africa and the United Kingdom.

Future prospects

Despite encouraging results from its Phase 3 clinical trial, Novavax has yet to receive regulatory approval for its COVID-19 vaccine. The company has submitted applications for emergency approval in several countries, including the U.S., EU and UK.

In addition, Novavax has other vaccine projects in development, including a seasonal influenza vaccine and a respiratory syncytial virus (RSV) vaccine. The company is also investigating the use of its recombinant protein technology in the development of a Zika virus vaccine.

The government is taking steps to ensure that people have access to booster doses of the vaccine. According to the latest reports, the Covovax booster dose will soon be available on the CoWIN platform, with a price tag of Rs 225 per dose plus GST.

Covovax is a highly effective vaccine that has been shown to provide strong protection against the coronavirus. With the emergence of new variants of the virus, experts have been urging people to get booster shots to stay protected.

The booster dose will be available on the CoWIN platform soon. This is great news for people who are looking to get a booster shot to stay protected against the coronavirus.

The Covovax booster dose will be priced at Rs 225 per dose plus GST. While some people may find this price to be a bit steep, it is still affordable for most people.

The Covovax booster dose is highly effective in providing protection against the coronavirus. This is especially important as new variants of the virus continue to emerge.

Getting a booster dose of the Covovax vaccine is a smart decision for anyone who wants to stay protected against the coronavirus. It can also help prevent the spread of the virus to others.

The government is taking steps to ensure that people have access to the Covovax booster dose. With the vaccine being made available on the CoWIN platform, it should be easy for people to get the booster shot they need.

With the Covovax booster dose set to become available soon, it's important for people to stay up-to-date on the latest news and information about the vaccine. By getting a booster shot, people can help protect themselves and others against the ongoing COVID-19 pandemic.


  • Ticker NVAX
  • Exchange NASDAQ
  • Sector Healthcare
  • Industry Biotechnology
  • Shares Outstandng 78,215,104
  • Market Cap $322M
  • Description
  • Novavax, Inc., a biotechnology company, focuses on the discovery, development, and commercialization of vaccines to prevent serious infectious diseases and address health needs. The company's vaccine candidates include NVX-CoV2373, a coronavirus vaccine candidate that is in two Phase III trials, one Phase IIb trial, and one Phase I/II trial; Nan...
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