Novavax Jumps 13% After UK Deal For 60 Million Doses Of COVID Vaccine

On Friday, shares of Novavax leaped as much as 13.3%.

It comes after Novavax finalized a deal with the UK to supply 60 million doses of its potential coronavirus vaccine.

The biotech company didn't reveal how much the UK paid for the doses.

According to a press release the UK government will collaborate with Novavax on phase 3 trials of its NVX-CoV2373 vaccine.