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BTCC / BTCC Square / Global Cryptocurrency /
Novavax Stock Surges 8% on New Partner-Led Growth Strategy

Novavax Stock Surges 8% on New Partner-Led Growth Strategy

Author:
Global Cryptocurrency
Published:
2026-01-13 13:05:02
11
2
BTCCSquare news:

Novavax shares rallied sharply after unveiling a strategic pivot at the J.P. Morgan Healthcare Conference. The biotech firm's 8% gain reflects investor approval of its shift toward collaborative commercialization and cost discipline.

The revised approach centers on three pillars: expanded pharmaceutical partnerships, operational efficiency measures, and diversified R&D investment. A landmark deal with Sanofi serves as the cornerstone of this partner-first model.

Market response was immediate, with the stock climbing to $7.75 in active trading. This extends a 9% two-week advance, marking one of the security's strongest performances since last quarter.

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