![]() ![]() The company's problems led to a 3 part strategy, including cost reduction, bringing back ResVax to market, and starting clinical trials on a Zika-virus vaccine. Novavax faced a reduced stock price of 85%, but Stanley and his team continued working on improving their product. Unfortunately, the following years weren’t so successful, and in 2016 the first phase III trial of the vaccine RestVax failed. The team behind Novavax celebrated their success at stimulating resistance to stubborn respiratory syncytial virus infection, which targets both infants and adults. Even more interesting, Novavax also conducted a phase II study in grown persons for its RSV vaccine, also known as ResVax. Changes always inject fresh energy, and in 2015, Stanley was happy to announce that Noavavax completed a Phase I trial for its Ebola vaccine candidate. In 2013, Novavax developed the Matrix-M platform and gave a new name to its new subsidiary Novavax AB. Stanley worked hard and proved his skills in developing infectious disease products and was named as a new Chief Executive Officer and president in 2011. ![]() ![]() Novavax saw massive potential in Stanley Erck, who held an MBA from the University Of Chicago when he became Chief in 2009. Novavax Inc., originating at SLU (the Swedish University of Agricultural Science) in Uppsala, was backed up by over 450 scientific publications related to ISCOM technology, highlighting immunological properties.īetween 19, Novavax mainly focused on scientific research, which motivated Bror to leave this company and continue searching for answers. He gained a lot of experience in diagnostics against serious infectious diseases, and 2 years later, he decided to focus on comprehensive scientific research.īror created the ISCOM technology and developed it together with his co-workers in the 1980s when he co-founded Novavax (formerly Isconova). Bror was interested in science, and he has been hungry for scientific information from a young age.Īs soon as he graduated, Bror tested the waters of entrepreneurship and founded Svanova AB in 1971. If you are curious to learn about Novavax and its strategy to stay on top of the biotechnology industry, keep reading! Great Scientists are Born, not Madeīorn to impact immunology significantly, Bror Morein was an outstanding child. Novavax is a late-stage biotechnology enterprise that promotes better-quality health worldwide by discovering, developing, and commercializing innovative vaccines to prevent serious infectious diseases.įounded to make a difference, Novavax Company has recently initiated the development of NVX-CoV2373, Novavax’s vaccine candidate for the virus SARS-CoV-2, which causes COVID-19. Scientist Bror Morein recognized the need for new vaccines to protect the world from modern infectious diseases when he launched Novavax, Inc. Companies for vaccines offer a chance for a longer and healthier life. Programs for mass immunization have already proven successful in controlling and even eliminating certain diseases. Vaccines save millions of lives every year, and the development of safe and effective vaccines is a giant step forward for humanity. ![]()
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