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Reuters
Reuters
Business

Novavax enters deal with New Zealand for 10.7 million doses of COVID-19 vaccine candidate

FILE PHOTO: A small shopping basket filled with vials labeled "COVID-19 - Coronavirus Vaccine" and medical sryinges are placed on a Novavax logo in this illustration taken November 29, 2020. Picture taken November 29, 2020. REUTERS/Dado Ruvic/Ilustration

Biotechnology company Novavax Inc said it had entered an agreement with the government of New Zealand for 10.7 million doses of its COVID-19 vaccine candidate.

"Under the terms of the agreement, Novavax will manufacture NVX-CoV2373 with a target of delivering initial doses by mid-2021", it said in a statement on Thursday.

The company will work with New Zealand's regulatory agency, Medsafe for approvals, it added.

The statement did not disclose further terms of the agreement.

(Reporting by Kanishka Singh in Bengaluru; Editing by Himani Sarkar)

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