This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Novavax Announces Senior Management Appointments

ROCKVILLE, Md., April 26, 2011 /PRNewswire/ -- Novavax, Inc. (Nasdaq: NVAX) announced today the appointments of Louis Fries III, M.D., as Vice President, Clinical and Medical Affairs, and Jane Halpern, Ph.D., as Vice President of Regulatory Affairs.  Before joining Novavax, Dr. Fries was Director, Global Clinical Development at GSK Biologicals, North America and Dr. Halpern was Staff Scientist and Regulatory Affairs Specialist at the Vaccine Research Center of the National Institute of Allergy and Infectious Disease (NIAID), National Institutes of Health.

"We are excited to welcome these two highly talented senior executives to our company," said Gregory Glenn, M.D., Novavax's Senior Vice President and Chief Medical Officer.  "Each brings extensive experience in the development, clinical testing and registration of influenza and novel vaccines and more than two decades of industry and government experience.  Their appointments are timely as we turn our attention to late-stage clinical development and commercialization of our virus-like-particle vaccines to prevent the spread of seasonal and pandemic influenza."

Stanley Erck, President and CEO of Novavax, added:  "These appointments reflect our commitment to strengthening the Novavax management team as we work to advance and commercialize our VLP technology worldwide.  Lou and Jane possess the requisite managerial, medical and scientific skills to guide our vaccine development programs at a critical stage in our company's history.  We welcome their contributions to our future success."

Previously, Dr. Fries was Vice President, Clinical and Medical Affairs, at ID Biomedical Corp. (acquired by GSK in 2005) and Senior Director, Clinical Research at NABI.  He is board-certified in internal medicine and infectious diseases and received his medical degree from Duke University School of Medicine.  

Dr. Halpern has served as Vice President, Regulatory Affairs, at Genocea Biosciences, Director of Regulatory Affairs and Head, Technical Regulatory Affairs, North America at GSK Biologicals, and Vice President of Global Regulatory Affairs at ID Biomedical, and held a variety of regulatory affairs and staff positions with the NIAID and the Center for Biologics Evaluation and Research at the U.S. Food and Drug Administration.  She received her doctor of philosophy degree in pharmacology from the University of Rochester.

About Novavax

Novavax, Inc. (Nasdaq: NVAX), a clinical-stage biopharmaceutical company, employs its cutting-edge technology to create next-generation vaccines to prevent serious infectious diseases, such as pandemic and seasonal influenza and respiratory syncytial virus (RSV). The company's proprietary VLP technology and single-use bioprocessing system enables rapid vaccine development and production where and when it's needed, worldwide. The company has formed a joint venture with Cadila Pharmaceuticals, named CPL Biologicals, to develop and manufacture vaccines, biological therapeutics and diagnostics in India. Additional information about Novavax is available on the company's website:

Forward Looking Statements

Statements herein relating to the future of Novavax and its ongoing development of its VLP vaccine products are forward-looking statements. Novavax cautions that these forward-looking statements are subject to numerous risks and uncertainties, which could cause actual results to differ materially from those expressed or implied by such statements. These risks and uncertainties include those identified under the heading "Risk Factors" in the Novavax Annual Report on Form 10-K for the year ended December 31, 2010, and filed with the Securities and Exchange Commission. We caution investors not to place considerable reliance on the forward-looking statements contained in this press release. You are encouraged to read our filings with the SEC, available at, for a discussion of these and other risks and uncertainties. The forward-looking statements in this press release speak only as of the date of this document, and we undertake no obligation to update or revise any of the statements. Our business is subject to substantial risks and uncertainties, including those referenced above. Investors, potential investors, and others should give careful consideration to these risks and uncertainties.

SOURCE Novavax, Inc.

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 17,813.39 +1.20 0.01%
S&P 500 2,088.87 -0.27 -0.01%
NASDAQ 5,116.1430 +13.3350 0.26%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs