https://www.fool.com/investing/2020/05/31/...k-is-heading-higher.aspx
...The worldwide market for flu vaccines is $5 billion. Most people are far more frightened by COVID-19 than by the flu. And that fear translates into a sizable market opportunity.
So that's the best case: Novavax is early to market, and it has a superior COVID-19 vaccine. Suppose the company charges $100 for its vaccine and distributes 1 billion doses in 2021 as it said it could. That would bring in at least $100 billion. Right now, Novavax has a market cap of only $3 billion.
...Don't forget the flu drug: While there's plenty of COVID-19 speculation going on in this stock, what's not speculation is the good news about NanoFlu. This is the drug that beat the pants off multiple flu vaccines from market-leader Sanofi in phase 1, phase 2, and phase 3 clinical trials. NanoFlu is on Fast Track designation to be approved this year, and it's a billion-dollar molecule in its own right. |