Serum Institute’s partner Novavax says Covid-19 vaccine 89% effective: 10 points
Live MintNovavax said on Thursday its coronavirus vaccine was 89.3% effective in preventing COVID-19 in a trial conducted in the United Kingdom, and was nearly as effective in protecting against the more highly contagious variant first discovered in the UK, according to a preliminary analysis. • Novavax is already stockpiling vaccine at six operating manufacturing locations, and said it expects a total of eight plants in seven countries to produce at the rate of 2 billion doses per year, including from the Serum Institute of India. • In September 2020, Novavax had announced its deal with world's largest vaccine manufacturing company Serum Institute of India in order to produce 2 billion doses of Covid-19 vaccines. • Novavax said it started making new versions of its vaccine to protect against emerging virus variants in early January and expects to select ideal candidates for a booster in the coming days.