Novavax Inc (MEX:NVAX)
MXN 179 -3 (-1.65%) Market Cap: 28.26 Bil Enterprise Value: 12.09 Bil PE Ratio: 0 PB Ratio: 0 GF Score: 54/100

Novavax Inc at HC Wainwright Investment Conference - New York Transcript

Sep 11, 2023 / 08:30PM GMT
Release Date Price: MXN136 (-16.56%)
Vernon Tolentino Bernardino
H.C. Wainwright & Co, LLC, Research Division - MD of Equity Research & Senior Healthcare Analyst

Good afternoon, everyone. Welcome to the H.C. Wainwright 25th Annual Global Investment Conference. I'm Vernon Bernardino, the senior analyst. I cover this tech company called Novavax, ticker NVAX, with a buy and a $35 price target. Some interesting news today, we'll get a chance to talk about it, but as you know, this is a company with a unique approach to the COVID-19 space, in that it's a standard approach, which is a protein-based technology.

With us today is the Chief Financial Officer, Jim Kelly. And a treat for me is Robert Walker, their Chief Medical Officer who's been onboarded in the past year. So earlier this year, with the change in management came some priorities that the company announced. One of them was to deliver of course an updated vaccine, another was to reduce the velocity of spend, management of cash and improve issues.

But also, again, something that has always been close to my heart, and that's this is a company that I've covered

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