News – PH – Novavax Inks Gavi delivery contract for 11B COVID-19 vaccine doses

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Novavax has signed a Memorandum of Understanding (MOU) with the Gavi Vaccine Alliance to provide 1.1 billion doses of its recombinant COVID-19 protein-based vaccine, NVX-CoV2373, to the COVAX facility

Novavax (NVAX) shares rose approximately 48% to close at $ 277 88 on Feb. 19 Under the terms of the agreement, the biotechnology company will work with the Serum Institute of India (SII) to manufacture and distribute the vaccine doses worldwide. SII will manufacture and distribute the vaccine doses under the existing agreement between Gavi and SII

Stanley C, CEO of Novavax Erck said, “We are proud to work with all COVAX employees and the Serum Institute of India to provide global public health leadership and ensure that all countries have broad access to NVX-CoV2373 Novavax will play a critical role in global efforts to gain access to safe and effective vaccines to end the pandemic ”

Novavax’s NVX-CoV2373 is currently participating in two major Phase 3 clinical trials in the US, Mexico and the UK In January, the company reported positive preliminary efficacy data from the UK vaccine trial (See Novavax stock analysis on TipRanks)

NVX-CoV2373 is a stable prefusion protein made using Novavax’s recombinant protein nanoparticle technology and containing the company’s proprietary Matrix-M adjuvant The purified protein is spiked by the genetic sequence of the SARS-CoV-2 (S) -proteins encoded and produced in insect cells.It is stable at 2 ° C to 8 ° C and comes in a ready-to-use liquid formulation that allows distribution through standard vaccine supply chain channels

On Feb. 17, B. Riley financial analyst Mayank Mamtani raised the target price of the stock from $ 334 to $ 397 and reiterated the buy rating. Mamtani said in a notice to investors that the price increase resulted in “continued strength in the execution of NVX-CoV2373-related activities clinical development, global regulatory filings, manufacturing scale-up, and commercial readiness ”

Mamtani added, “We anticipate two short-term catalysts in the form of the 3/1 call for profits and the upcoming FDA official guidance focusing on vaccine development efforts against emerging variants in order to gain the full appreciation of the breakthrough road ahead ‘2373 and the underlying protein subunit platform “

Overall, analysts are bullish on the stock with a strong buy consensus rating This is based on 5 analysts recommending a buy The average price target for analysts is USD 28740 implies 34% upside potential to current levels

According to the TipRanks Smart Score system, Novavax receives a “perfect 10”, which indicates that the stock has a high probability of outperforming the market

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DETROIT, Feb. Feb. 22, 2021 (GLOBE NEWSWIRE) – From Michigan’s thumb south to Detroit and the surrounding subway areas, DTE Energy’s electricity customers saw a 25% improvement in electricity reliability from 2019 to 2020. Customers saw a 25% improvement in electricity reliability compared to similar customers Weather years also have the lowest number of failures “DTE invests almost 1 billion US dollars in upgrading the network every year on behalf of our customers These improvements help us achieve better results, “said Heather Rivard, Senior Vice President Distribution Operations.” We know our customers depend on us – even more so in the past year because they need our services to live, work and learn That is why we continue to attach great importance to building a stronger and smarter network. “To build a more resilient infrastructure system, overgrown trees must be cut along power lines. Fallen trees and branches are responsible for two thirds of the time our customers spend without electricity in 2020 The company accelerated tree-cutting efforts and felled more than 5500 miles of trees – more than the distance from Detroit to Seattle and back. That’s nearly 1000 Miles More Than 2019 In some communities like Detroit where DTE has upgraded and replaced equipment and cut trees, customers were able to improve reliability by more than 70% on average.Some infrastructure improvements in 2020 included: Replaced nearly 13000 power polesInstalled more than 31500 wooden cross arms with fiberglass cross arms on overhead lines Overhead lines are vulnerable to damage from strong winds, ice, heat and accidents Construction of three new substations New substations reduce power outages and provide additional electrical capacity to support future growth Update more than 329 km of DTE circuitry to the latest Design Standards to Improve Reliability for Tens of Thousands of Customers The infrastructure improvements completed in 2020 make the power grid more resilient, resulting in fewer blackouts during volatile weather events like the November 2020 storm when gusts of wind hit 80 km / h “We are on patrol all the time in our communities to look for additional ways to provide customers with safe, reliable and affordable electricity, “said Rivard.” We are determined to maintain this new standard and add additional In Investments and Upgrades “Working on the grid not only improves electrical reliability, it also brings DTE closer to its clean energy goal of zero net carbon emissions by 2050. To learn more, visit dteenergy.com / Reliability About DTE Energy DTE Energy (NYSE: DTE) is a Detroit-based diversified energy company that is involved in developing and managing energy-related businesses and services nationwide. Operating units include an electricity company serving 22 million customers in Southeast Michigan and a natural gas company , serving 13 million customers in Michigan. The DTE portfolio includes energy companies focused on energy and industrial projects renewable natural gas; Natural gas pipelines, collection and storage; and energy marketing and trading As an environmental leader, operating DTE utilities will reduce carbon dioxide and methane emissions by more than 80 percent by 2040 to produce cleaner energy while keeping it safe, reliable and affordable at DTE Electric and Gas Aims to Achieve Zero Net CO2 and Greenhouse Gas Emissions by 2050 DTE is committed to its energy through volunteering, education and employment initiatives, philanthropy, and economic advancement. For information on DTE, please contact dteenergycom, empowered Michigancom, twittercom / dte_energy, and CONTACT Facebookcom : Je’well Pearson DTE Energy 3132356223 Jill Wilmot DTE Energy 3132356223

Dish Network Corp had better-than-expected revenue in the fourth quarter as the streaming and wireless services provider saw an increase in Average Revenue Per User (ARPU) Dish Network (DISH) shares were up 143% in pre-market trading on Feb. 22 The company posted fourth quarter earnings per share (EPS) of $ 124, which exceeded analysts ‘expectations of $ 075 Total revenue of $ 4.556 billion exceeded analysts’ estimates of $ 442 billion During the quarter, net sales declined The company’s pay TV subscribers by around 133000 compared to a decrease of around 194000 back a year ago In particular, the company’s ARPU for pay-TV rose to $ 9447 on Jan. During the fourth quarter, wireless ARPU rose to $ 3832 from $ 3817 year-over-year. Dish Network ended the fourth quarter with 11 totaling 29 million pay-TV subscribers, which included 882 million Dish TV subscribers. Subscribers and 247 Million Sling TV Subscribers Dish Network’s cellular subscribers went down roughly 363 in the fourth quarter000 back, compared to a net decrease of 212000 third quarter fiscal 2020 revenue of $ 1549 billion, of the $ 1281 billion posted in 2019. Diluted earnings per share were $ 3,02 versus $ 2,60 in the year-ago period The company provided no guidance (See Dish Network- Analysis on TipRanks) Today, Morgan Stanley analyst Benjamin Swinburne raised the stock price target from $ 30 to $ 32 (5% downside potential) and confirmed a hold rating for the rest of the road based on a hold consensus rating for the stock on 1 buy, 2 hold and 1 sell The average analyst price target of USD 34 implies that the stock is almost fully valued at current levels. Related News: Everbridge 4Q Revenue Jump 32% Driven by Customer Demand; Street Is Bullish DTE Energy 4Q Outperforms As Natural Gas Demand Raises Deere Raises 10% As 1Q Income More Than Doubles Newer Articles by Smarter Analyst: Rackspace’s 4Q Revenue Outpaces Cloud Demand; Guidance Disappears GasLog Spikes 6% Before Marketing As Quarterly Profit Shines Incyte Says FDA Grants Priority Review For Eczema Cream; Street Sees 20% More Than KBR ‘4Q Profit Tops Analyst Estimates; Street is bullish

Microsoft (NASDAQ: MSFT) announced Monday that it is partnering with Europe’s four largest media lobby groups to revise how news is shared and monetized across the continent, the move follows on from the launch of a system in Australia, at The recently formed coalition will be pushing for similar provisions to be included in upcoming European Union legislation to enact stricter rules for big tech

The city has enough supplies to vaccinate those who pre-K through Aug. 2 this week Class Teaching They hope to reach higher grade teachers in the coming weeks

The word “empire” may seem great when it comes to the richest companies in sport, until you check out the list of the most valuable Read More: The Richest Athletes In The World

The head of Amazoncom (NASDAQ: AMZN) announced earlier this month that it was stepping down from the CEO role of the company he founded. All eyes are on what might come next for Jeff Bezos and one Monday’s report could suggest the famous entrepreneur is taking on the role of NFL owner What Happened: Bezos has been investigating whether to take an owner position on the NFL’s Washington Football team, according to Front Office Sports, with the current Amazon CEO scheduled to hold talks on the Buying a stake in the team that plays in Washington D.C. Three minority owners of the Washington Football Team hired Moag & Co, a Baltimore-based sports investment bank, to investigate a sale Bezo’s attorney was in discussions with Moag & Co, according to the report Washington Football’s current majority owner Dan Snyder has alleged that a blackmail campaign is being used to force him to sell the team.Snyder blocked the sale of an interest in the team by existing owners using his right of first refusal Fred Smith, FedEx CEO ( NYSE: FDX), is among Washington Football Team owners suing Snyder for blocking sales. Back in November 2019, CBS Sports reported Bezos was interested in buying a team and said he had “strong league support to himself eventually to join their ranksRelated Link: Jeff Bezos Is First Person Worth Stock 0B Thanks To Amazon’s Inventory Why It Matters: Bezos has made several deals and purchases pointing to Washington D.C. a key new location for the notable entrepreneur to be Bezos bought the Washington Post in 2013. Amazon’s second headquarters are in Arlington, Virginia, near Washington D.C. Bezos also bought a 27000 square foot mansion in Washington DC. in 2016, spending $ 12 million renovating the home The Washington Football Team is the eighth largest NFL team, according to Forbes.The team is valued at $ 3.5 billion and has increased its value on an annualized basis over the past few years 8% increase NFL team ownership move comes as Amazoncom pushes for sports streaming rights and is believed to be one of the soon to be playing with the NFL rights coming to AMZN Price Action: The Shares in Amazon fell 2% to 3$ 18074 on Monday Photo Credit: DoD by Senior Master Sgt Adrian Cadiz (Published) [Public Domain] For More Information On BenzingaClick Here For Options From Benzingacom Benzinga Does Not Offer Investment Advice All Rights Reserved

Maranello (Italy), 22 February 2021 – Ferrari NV (NYSE / MTA: RACE) (“Ferrari”) announces that Ferrari and Richard Mille have signed a multi-year partnership agreement that will see the Haute Horlogerie brand sponsor and license the Prancing Horse as Scuderia Ferrari’s official watch, Mission Winnow the Swiss watch brand will be exhibited on the team’s seats and on the driver’s helmets from the next F1 season, for example Richard Mille will also be technical in other motorsport activities of Ferrari as the official timekeeper, sponsor of the Competizioni GT and the Ferrari Challenge series, partner of the Ferrari Driver Academy Ferrari Esports Series and FDA Esports Team Partners Support Ferrari and Richard Mille will also bring their respective research and design teams to work together to create an exclusive line of limited edition watches that express the technological excellence and distinctive style of the two brands are appendix CS_Richard_ Mille_ENG_22022021

Vaccine, Novavax, Inc, Coronavirus, Warehouse

News – PH – Novavax Inks Gavi Delivery Agreement for 11B COVID-19 Vaccine Doses
Associated title :
Novavax completes registration of subjects in Covid-19 from vaccine study
Why Novavax shares fell today
The Novavax vaccine could be approved by JUNE Thereafter, another 100 million doses of COVID-19 vaccine will be brought to the US
Novavax Inks Gavi supply contract for 11B COVID-19 vaccine doses

Source: https://sports.yahoo.com/novavax-inks-gavi-supply-agreement-105324733.html