Candidiasis
Novavax Reports Fourth Quarter and 2006 Year-End Financial Results
Published in TB and Outbreaks Week, April 3rd, 2007
Novavax Inc. (Nasdaq: NVAX) today announced financial results for the fourth quarter and year ended Dec. 31, 2006. Novavax reported a net loss of $6.1 million ($0.10 per share) for the fourth quarter of 2006 compared to a net profit of $6.2 million ($0.13 per share) in the comparable quarter of 2005. For the year ended Dec. 31, 2006, the Company reported a net loss of $23.1 million ($0.39 per share) compared to a net loss of $11.2 million ($0.26 per share) for the comparable 2005 period. Both prior-year periods include a gain on the sale of product assets in October 2005 related to the North American distribution rights for ESTRASORB(R) totaling $10.1 million as well as a $1 million...
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