Novavax Claims Covid-19 Vaccine 89% Effective In UK trial, less in South Africa, Shares Jump

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Novavax is already stockpiling vaccine at six operating manufacturing locations.

Chicago: Novavax Inc said on Thursday its coronavirus vaccine was 89.3 per cent effective in preventing Covid-19 in a trial conducted in the UK, and was nearly as effective in protecting against the more highly contagious variant first discovered in the UK, according to a preliminary analysis.

A mid-stage trial of the vaccine in South Africa, where a troubling new variant of the virus is common, showed 60 per cent effectiveness among people who did not have HIV.

Novavax shares surged 34 per cent in after-hours trading following release of the trial results on the same day the US reported its first cases of the South African variant.

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 (SII).

SII, the world’s biggest vaccine maker, has applied to local authorities to conduct a small domestic trial of Novavax’s Covid-19 vaccine.

American pharmaceutical giant Pfizer, which sought approval from India’s drug regulator Drugs Controller General of India ((DGCI) for emergency use authorisation of its coronavirus vaccine, clarified storage concerns about its vaccine.

Pfizer requires a temperature of minus 70 degrees Celsius and experts have raised questions that India’s existing cold storage facilities do not match these conditions. Pfizer told NDTV in a statement that it has “developed detailed logistical plans and tools to support effective vaccine transport, storage and temperature monitoring” and will be using different options for storage, ranging from temperature-controlled thermal shippers to refrigeration units that are commonly available in hospitals. It also said that the pricing of the vaccine will depend on the doses ordered and the advance commitments with the government.

SII expected a decision on an Indian trial of Novavax’s vaccine soon, chief executive Adar Poonawalla told Reuters on Friday, hours after the US company reported the efficacy data.

“We have already applied to the drug controller’s office for the bridging trial, a few days ago,” Poonawalla said. “So they should also give that approval soon now.”

The company on a conference call noted that this was interim data and executives said they expect it will be two to three months before they are ready to apply for authorisation with regulators.

The UK trial, which enrolled 15,000 people aged 18 to 84, is expected to be used to apply for use in Britain, the European Union and other countries.

Approval of the Novavax vaccine would be most welcome in Europe as it struggles with meagre vaccine supply after Pfizer/BioNTech and AstraZeneca Plc delivered fewer doses than hoped.

Executives on the call said the company was discussing with the US Food and Drug Administration (FDA) whether the UK and South Africa data was enough to apply for US emergency use authorisation.

The UK study took place as the more highly transmissible UK variant was circulating. The preliminary analysis suggests the vaccine was 85.6 per cent effective against this mutation, the US company announced in its news release. It did not provide detailed data.

Newsbeep

In the UK trial, the effectiveness of the vaccine was close to that of the two authorised vaccines from Pfizer Inc with BioNTech SE and Moderna Inc, whose two-dose regimens were both around 95 per cent effective at preventing Covid-19 in clinical trials.

‘We’ve Gotten Spoiled’

John Moore, a professor of microbiology and immunology at Weill Cornell Medical College in New York, said the Novavax UK data are essentially the same as results from Pfizer and Moderna.

“It’s not statistically different. The vaccine basically works well in the predominant strain circulating in the UK, which means it’s likely to be equally effective in the United States,” he said.

Dr Amesh Adalja, an infectious disease expert at the Johns Hopkins Center for Health Security, said the results were in line with hopes, and that he was concerned people would focus too much on the weaker effectiveness shown in South Africa.

“We’ve gotten spoiled because we’ve seen the Moderna and Pfizer numbers. I know people are going to be alarmed, but 60 per cent efficacy against the new variant is acceptable,” he said, noting that the FDA initially said it would approve a vaccine that was at least 50 per cent effective.

The South African variant has been shown to evade antibody protection in lab studies by Moderna and Pfizer/BioNTech.

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. The company said it plans to initiate clinical testing of these new vaccines in the second quarter of this year.

A 30,000-person trial in the United States and Mexico that began in December also is underway. The company has received $1.6 billion from the US government in funding for the vaccine trial and for 100 million doses.

It also has received at least $388 million in backing from the Coalition for Epidemic Preparedness Innovation (CEPI), a Norway-based group backed by 14 governments, the Bill and Melinda Gates Foundation, and Britain’s Wellcome Trust.

Authorised vaccines so far have been based on newer technology platforms, such as the messenger RNA technology used by Moderna and Pfizer/BioNTech, or inactivated cold virus platforms used by Oxford University/AstraZeneca and CanSino Biologics.

Novavax’s is a more conventional protein-based vaccine, an approach similar to that used by Sanofi to make its Flublok seasonal flu vaccine. The Novavax vaccine works with the company’s proprietary Matrix-M adjuvant used to boost its efficacy.



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