Feb. 3 at 2:19 PM
$NVAX Pfizer’s
$530 million agreement. NVAX potentially gets
$140 million in development milestones and
$360 million in sales milestones. It’s for up to two products so figure
$70 million in development milestones per product. Figure it’s spread out half in 2026 and half in 2027. With
$30 million upfront payment in 1Q that would be an additional
$100 million in 2026 and
$70 million in 2027. Of course the biggest potential revenue opportunity is the sales royalties and milestones.