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Novavax to Raise $200 Million from Private Placement with RA Capital

Novavax to Raise $200 Million from Private Placement with RA Capital

GAITHERSBURG, Md., June 15 (Korea Bizwire) — Novavax, Inc. (NASDAQ: NVAX), a late-stage biotechnology company developing next-generation vaccines for serious infectious diseases, today announced that it has entered into an agreement to sell Series A Convertible preferred stock, convertible into 4,388,852 shares of common stock, to an investment fund affiliated with RA Capital Management (RA [...]