Pharma BD Deal Intelligence

Sanofi SA / Novavax Inc.

2024 · Licensing/Option · $1.2B · Complete

Announcement Sentiment
88
Strongly positive
Outcome Score
51
Mixed — partial payoff, real shortfalls.

Sanofi licensed Novavax's adjuvanted COVID-19 vaccine for exclusive commercialization rights, paying $500M upfront in a deal worth up to $1.2B.

Key facts

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