Covid vaccine could possibly be cleared in a number of international locations quickly

Novavax, Tesla, Nikola and others

The Novavax coronavirus vaccine could possibly be cleared by regulators to be used in a number of international locations, together with the U.S., within the coming months, the vaccine-maker’s CEO mentioned Monday.

The corporate has filed for emergency approval with 10 completely different regulatory businesses, Stanley Erck instructed CNBC’s “Squawk on the Avenue.” It is presently obtainable to be used in 170 international locations, he mentioned.

“I count on within the subsequent 90-days we may have all 10 of them,” Erck mentioned.

The corporate submitted its last information to the U.S. Meals and Drug Administration on New Yr’s Eve. It’s nonetheless gearing as much as file the total utility for emergency use authorization, however it’s going to accomplish that shortly and expects a call from American regulators to come back in February, he mentioned.

A girl holds a small bottle labeled with a “Coronavirus COVID-19 Vaccine” sticker and a medical syringe in entrance of displayed Novavax emblem on this illustration taken, October 30, 2020.

Dado Ruvic | Reuters

Erck did not identify the opposite regulatory businesses it submitted requests to. According to the company’s site, it has not too long ago utilized for approval in Japan, the United Arab Emirates, Singapore, New Zealand, Canada, Australia, South Africa and the UK.

A number of different well being businesses throughout the globe have already given their nod of approval to the vaccine.

Novavax not too long ago shipped its first doses of the vaccine to Europe, Erck mentioned. It had been licensed by European Union regulators final month.

“All the pieces is coming collectively,” Erck instructed CNBC.

The vaccine could possibly be in excessive demand. Novavax’s vaccine is protein primarily based, utilizing another know-how to the extra widespread mRNA vaccines. That might assist in convincing individuals who have been skeptical of the brand new mRNA know-how to get vaccinated in opposition to the virus, Erck mentioned. It additionally appeared to have a considerably decrease price of hostile facet impacts, in comparison with different vaccines.

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