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News - Novavax Transfers U.S. Marketing Authorization for Nuvaxovid to Sanofi, Secures $25M Milestone Payment

Image credit: https://www.novavax.com/products-pipeline/products

November 2025 | Katie Ogden, Portfolio Manager – Pharma, SAE Media Group

On November 4, 2025, Novavax, Inc. announced it has finalized the transfer of U.S. marketing authorization for its COVID-19 vaccine, Nuvaxovid, to Sanofi. This move grants Sanofi full responsibility for commercial and regulatory activities in the United States and fulfills a key component of the companies’ collaboration and license agreement (CLA). The transfer triggered a $25 million milestone payment to Novavax, marking the second such payment following the European Union (EU) authorization transfer completed in October.

"With the successful achievement of our BLA approval and completion of both U.S. and EU marketing authorization transfers for Nuvaxovid to Sanofi, we have delivered on our partnership agreement and secured $225 million in additional milestone revenue to date," said John C. Jacobs, President and Chief Executive Officer of Novavax. "We look forward to Sanofi's success in globally marketing our protein-based, non-mRNA COVID-19 vaccine in the years to come."

The milestone payments are part of a broader collaboration between the two companies. Novavax remains eligible for additional future payments and royalties under the CLA. These include milestones tied to Nuvaxovid, combination products developed by Sanofi using Nuvaxovid, and new vaccines created by Sanofi that incorporate Novavax’s proprietary Matrix-M adjuvant technology.

About Nuvaxovid Authorization
Nuvaxovid is indicated for active immunization to prevent COVID-19 caused by SARS-CoV-2. It is approved for individuals 65 years of age and older, as well as those aged 12 through 64 who have at least one underlying condition that places them at high risk for severe outcomes from COVID-19.

The completion of these transfers aligns with Novavax’s corporate strategy to streamline operations and secure non-dilutive capital. Year-to-date, the company has generated $225 million through milestone payments associated with its partnership with Sanofi.
 



WHAT IS CPD?

CPD stands for Continuing Professional Development’. It is essentially a philosophy, which maintains that in order to be effective, learning should be organised and structured. The most common definition is:

‘A commitment to structured skills and knowledge enhancement for Personal or Professional competence’

CPD is a common requirement of individual membership with professional bodies and Institutes. Increasingly, employers also expect their staff to undertake regular CPD activities.

Undertaken over a period of time, CPD ensures that educational qualifications do not become obsolete, and allows for best practice and professional standards to be upheld.

CPD can be undertaken through a variety of learning activities including instructor led training courses, seminars and conferences, e:learning modules or structured reading.

CPD AND PROFESSIONAL INSTITUTES

There are approximately 470 institutes in the UK across all industry sectors, with a collective membership of circa 4 million professionals, and they all expect their members to undertake CPD.

For some institutes undertaking CPD is mandatory e.g. accountancy and law, and linked to a licence to practice, for others it’s obligatory. By ensuring that their members undertake CPD, the professional bodies seek to ensure that professional standards, legislative awareness and ethical practices are maintained.

CPD Schemes often run over the period of a year and the institutes generally provide online tools for their members to record and reflect on their CPD activities.

TYPICAL CPD SCHEMES AND RECORDING OF CPD (CPD points and hours)

Professional bodies and Institutes CPD schemes are either structured as ‘Input’ or ‘Output’ based.

‘Input’ based schemes list a precise number of CPD hours that individuals must achieve within a given time period. These schemes can also use different ‘currencies’ such as points, merits, units or credits, where an individual must accumulate the number required. These currencies are usually based on time i.e. 1 CPD point = 1 hour of learning.

‘Output’ based schemes are learner centred. They require individuals to set learning goals that align to professional competencies, or personal development objectives. These schemes also list different ways to achieve the learning goals e.g. training courses, seminars or e:learning, which enables an individual to complete their CPD through their preferred mode of learning.

The majority of Input and Output based schemes actively encourage individuals to seek appropriate CPD activities independently.

As a formal provider of CPD certified activities, SAE Media Group can provide an indication of the learning benefit gained and the typical completion. However, it is ultimately the responsibility of the delegate to evaluate their learning, and record it correctly in line with their professional body’s or employers requirements.

GLOBAL CPD

Increasingly, international and emerging markets are ‘professionalising’ their workforces and looking to the UK to benchmark educational standards. The undertaking of CPD is now increasingly expected of any individual employed within today’s global marketplace.

CPD Certificates

We can provide a certificate for all our accredited events. To request a CPD certificate for a conference , workshop, master classes you have attended please email events@saemediagroup.com

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