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Novavax says COVID-19 vaccine was 90% effective in Phase 3 trial, including against variants

Novavax, a Maryland biotechnology company, announced Monday that its COVID-19 vaccine was 90.4% effective in its Phase 3 trial, including against coronavirus variants.

Why it matters: The study of 29,960 participants in the U.S. and Mexico found the shot was safe and highly effective, paving the way for the FDA to clear a 4th vaccine for emergency use by the end of the year.


Between the lines: Because the U.S. is currently sitting on a significant supply on vaccines provided by Pfizer, Moderna, and Johnson & Johnson, Novavax doses could be exported to other countries as the Biden administration seeks to fulfill its goal of helping vaccinate the world.

By the numbers: The vaccine was found to be 90.4% effective overall and 100% effective at protecting against moderate and severe disease.

  • The results of the study demonstrate efficacy comparable to the Pfizer and Modera vaccine.
  • Novavax said it remains on track to reach manufacturing capacity of 100 million doses per month by the end of Q3 and 150 million doses per month by the end of Q4.

What's next: Novavax said it would seek emergency authorization from the FDA and other regulators in Q3 of this year.

This story is breaking news. Please check back for updates.

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Uber, Lyft win delay on court order forcing driver reclassification

An appeals court in California granted Uber and Lyft a stay on an injunction that would have forced the companies to reclassify drivers as employees Friday morning.

Why it matters: The stay came just 12 hours before the companies planned to suspend their ride-hailing services across California rather than comply with the injunction. They're now free to continue with business as usual while the appeal process plays out.

Go deeper: Breaking down Uber and Lyft's threat to suspend services in California

"The walls have been breached": Newsmax leads the charge to out-Fox Fox News

A new class of conservative outlets and networks is racing to capture the attention of disgruntled Trump voters, who feel abandoned by traditional news companies and censored by social media.

Why it matters: Fox News, for years, has been criticized for polarizing coverage. Now, there’s a race unfolding among several conservative outlets who don’t think Fox is pro-Trump enough.

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The Keystone XL pipeline is officially dead

The developer of the Keystone XL oil sands pipeline abandoned the project Wednesday after a decade-plus effort.

Why it matters: TC Energy's decision ends one of the century's highest profile battles over climate change and energy. But the move is unsurprising.

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Climate change initiatives push journalists to go beyond weather coverage

Chart: Danielle Alberti/Axios

Climate-focused news initiatives are pushing media outlets to devote more coverage to the way climate change impacts extreme weather events.

Why it matters: Meteorologists and weather journalists, who worry the topic is under-covered and over-politicized, are leading these newsroom efforts in many instances.

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