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  • REFILE-UPDATE 1-Novavax buys manufacturing plant for $167 mln to boost COVID-19 vaccine production

  • Novavax Inc said on Wednesday it would acquire a manufacturing plant in the Czech Republic for $167 million as the drug developer looks to boost capacity to produce its COVID-19 vaccine candidate. Novavax, one of the handful of companies aiming to develop a vaccine for COVID-19, said on Monday that it enrolled its first participant in an early stage study testing the vaccine candidate in humans.
  • Novavax buys Praha Vaccines for $167 mln to boost COVID-19 vaccine production

  • Drug developer Novavax Inc on Wednesday acquired Praha Vaccines, a unit of India's Cyrus Poonawalla Group, for about $167 million as it looks to boost capacity to produce its COVID-19 vaccine candidate. The acquisition includes a biologics manufacturing facility in Czech Republic, the company said, adding that the facility is expected to provide an annual capacity of over 1 billion doses of antigen starting in 2021 for its COVID-19 vaccine candidate, NVX-CoV2373. (Reporting by
  • CEE MARKETS-FX move sideways, Czech bond sales ease

  • Central Europe's currencies tread water on Wednesday as investors weighed the economic impact of the coronavirus outbreak amid doubts over the effectiveness of a potential vaccine, while the Czech Republic eased its barrage on debt markets. With countries in the region gradually emerging from months-long lockdowns, investors are expected to get a clearer picture of the overall hit to the economy in the coming period. Poland, which began lockdown down measu
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