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Novavax, Inc. (NASDAQ: NVAX) is a biopharmaceutical company

　　Novavax's focus on developing novel and innovative vaccines has been recognized with several milestones, including receiving Fast Track designation from the FDA and winning an Investigational New Drug (IND) waiver from the FDA to begin clinical trials for its COVID-19 vaccine candidate. The company's commitment to advancing these efforts has resulted in Novavax becoming one of the leading companies in the race to develop effective COVID-19 vaccines.

In addition to its work on COVID-19, Novavax also continues to advance its portfolio of vaccines targeting other infectious diseases such as measles, mumps, rubella (MMR), and hepatitis B virus (HBV). The company's commitment to advancing these products through clinical development and regulatory approval positions it well to become a major player in the global vaccine market.

The success of Novavax's vaccine candidates is further evidenced by the company's collaboration with the U.S. government, which awarded Novavax a $52 million contract under the Department of Defense's Vaccines for Peace program. This contract supports the development of a new type of COVID-19 vaccine that targets the SARS-CoV-2 spike protein. Novavax plans to use this funding to accelerate the development of this vaccine, aiming to complete preclinical testing within two years.

Overall, Novavax's dedication to innovation and its progress towards commercializing promising vaccine candidates make it a valuable asset in the fight against infectious disease. With continued investment and collaboration, Novavax has the potential to revolutionize the way we approach vaccination and protect our communities from future outbreaks.