Novavax Announces Board Changes and Strategic Shift

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Novavax Announces Board Changes and Strategic Shift

An announcement from Novavax ( (NVAX) ) is now available.

On March 10, 2025, Novavax announced the resignation of James F. Young, Ph.D. from its Board of Directors, with no disagreements cited. Margaret G. McGlynn was appointed as the new Chairperson, and John W. Shiver, Ph.D. joined as a Class III director and member of the Research and Development Committee. Dr. Shiver brings over 30 years of experience in vaccine development, enhancing the board’s expertise. This transition marks a strategic shift for Novavax, as it continues to focus on partnerships and leveraging its technology platform for growth.

More about Novavax

Novavax, Inc. (Nasdaq: NVAX) is a biotechnology company focused on developing vaccines to address significant global health challenges. The company utilizes a cutting-edge technology platform, including a protein-based nanoparticle and Matrix-M™ adjuvant, to create vaccines. Novavax’s growth strategy emphasizes building partnerships through the out-licensing of its technology and vaccine assets, with a focus on infectious diseases and potential expansion into other areas.

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Current Market Cap: $1.32B

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