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German Finance Minister: Europe must give a clear and unified response, and this position must be clearly conveyed to the United States.January 18th - At a summary meeting on the construction of the Jiangmen Neutrino Experiment held today, it was announced that after more than ten years of construction and scientific research, the Jiangmen Neutrino Experiment has successfully completed its construction tasks. As the worlds first new-generation ultra-large-scale, ultra-high-precision neutrino experimental facility to be built and put into operation, the Jiangmen Neutrino Experiment broke two world records for neutrino oscillation parameters just two months after its official operation, achieving data accumulation results that surpass those of similar international experiments over ten to twenty years.On January 18th, Mikhail Miyagkov, Academic Director of the Russian Military History Society, stated that he believes the likelihood of direct US military intervention to control Greenland is low. He added that it concerns the longer-term prospects: if Europe needs the US, then the US needs Europe. For the US, the EU is a market, a sphere of influence, and a talent pool; no Washington administration can bypass it. In the competition for world leadership, the US will inevitably utilize the potential of the Old World. So why would Trump want to destroy and humiliate Europe by completely annexing Greenland?On January 18, the foreign ministers of Iran and Iraq held a joint press conference. Iranian Foreign Minister Araqchi stated that the withdrawal of US troops from the Al-Asad Air Base in Iraqs western Anbar province and the end of the UN Assistance Mission in Iraq (UNAMI) mission are clear signs of Iraqs independence, stability, and the consolidation of its national sovereignty. Araqchi welcomed Iraqs increasingly important and constructive role in regional diplomacy and announced Irans willingness to cooperate with Iraq to address challenges and promote regional dialogue. To this end, both sides agreed to advance diplomatic initiatives aimed at maintaining regional stability and reaching consensus on security challenges, and are actively promoting the formulation of a comprehensive strategic cooperation agreement.Xinhua Life Insurance (01336.HK): The cumulative original insurance premium income for the period from January 1, 2025 to December 31, 2025 is RMB195.899 billion, representing a year-on-year increase of 15%.

Novavax Reduces Its Full-year Revenue Forecast Due to Sluggish Demand

Haiden Holmes

Nov 09, 2022 15:55

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Novavax (NASDAQ:NVAX) decreased its full-year revenue guidance for the second time in three months on Tuesday as a result of a global supply glut in COVID-19 vaccine and declining demand.


The company now expects its annual revenues to fall within the lower half of its earlier forecast range of $2 billion to $2.3 billion.


Novavax reduced its revenue forecast for the year in August, since the business did not expect to sell any additional COVID-19 vaccine in the United States this year.


Filip Dubovsky, the chief medical officer of Novavax, stated on a conference call with investors that the company is "moving forward" with the development of a vaccine against Omicron sub variants BQ.1 and BQ.1.1, which would also be formulated as a bivalent vaccination with another coronavirus strain.


Dubovsky noted that Novavax intends to get the vaccine ready by the second quarter of 2019 in time for an expected surge in cases in the southern hemisphere.


Novavax stated Tuesday morning that its COVID-19 vaccine has been modified for the Omicron BA.


In advanced study, one variant generated a substantial immune response at the fourth dose, meeting the strain swift's main purpose.


The shares of the Maryland-based firm surged by nearly 1 percent in afternoon trading after the company reported third-quarter revenues that were above analyst projections.


Last week, Pfizer Inc. (NYSE:PFE) increased its annual COVID vaccination sales projection. After the government ceases buying doses and sales move to the private sector, the company intends to almost double the price of the vaccine injection in the United States in order to combat declining sales.


Even though more than 640 million COVID-19 doses have been distributed in the United States, just 43,540 Novavax vaccines have been delivered as of November 2, according to the most current government figures.


In October, the U.S. Food and Drug Administration authorized the COVID-19 vaccine as a booster for adults, in addition to its existing clearance as a primary two-shot regimen for those 12 and older.

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