Novavax and Gavi executed advance purchase agreement for COVID-19 vaccine for COVAX facility

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On May 6, 2021, Novavax announced that it had finalized an advance purchase agreement (APA) with Gavi, the Vaccine Alliance (Gavi) for supply of its recombinant protein-based COVID-19 vaccine candidate to the COVAX Facility.

Novavax was expected to manufacture and distribute 350 million doses of NVX-CoV2373 to countries participating under the COVAX Facility, which was established to allocate and distribute vaccines equitably to participating countries and economies. Under a separate purchase agreement with Gavi, the Serum Institute of India (Serum Institute) was expected to manufacture and deliver the balance of the 1.1 billion doses of Novavax’ vaccine.

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Source: Novavax
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