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Novavax

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Late-stage biotechnology company focused on the discovery, development and commercialization of innovative vaccines to prevent serious infectious diseases

Gaithersburg, United StatesFounded 1987Biotech & Life Sciences
Valuation $1.66B Market cap · 2026
Revenue $1.12B Latest reported FY
EBITDA $619M Latest reported FY

About Novavax

Novavax is a biotechnology company focused on developing innovative vaccines to address a broad range of infectious diseases. Utilizing proprietary recombinant nanoparticle vaccine technology, Novavax creates vaccine candidates that efficiently respond to both known and emerging disease threats. The company also develops immune-stimulating saponin-based adjuvants through its wholly-owned Swedish subsidiary, Novavax AB, which enhance immune responses and have been well tolerated in multiple clinical trials. Novavax primarily serves global healthcare markets, including governments and healthcare providers, aiming to mitigate urgent public health crises such as pandemics. The business model revolves around research and development, clinical trials, and large-scale manufacturing of vaccine antigens and adjuvants, funded by partnerships and grants, such as those from CEPI. Revenue is generated through the sale of vaccines and adjuvants, as well as through licensing agreements and government contracts.

Source: Dealroom company data

At a glance

Status
Listed
Founded
1987
Headquarters
Gaithersburg, United States
Listing
IPO 1995
Employees
937
Open positions
3
Dealroom signal
30.4/100
Industry
Health
Sub-industry
BioTechnology
Sector
Biotech & Life Sciences, Biotechnology, Vaccines
Business model
Manufacturing
Client focus
b2b
Investment activity
1 company, latest Jun 2013
Capital deployed
—
Preferred round
ACQUISITION

Funding history

10 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
POST IPO CONVERTIBLE✓Other financing Aug 2025 $225M — Undisclosed ↗
POST IPO EQUITY✓Other financing May 2024 $70M $1.4B Sanofi ↗
Showing the latest 2 of 10 recorded eventsBook a demo for the full funding history →

Financials

Revenue, earnings and profit over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowthEBITDAMarginProfitMarginR&D
2026 $1.1B 0% $619M 55.1% $440M 39.2% $342M
2025 $1.1B +64.7% $619M 55.1% $440M 39.2% $342M
2024 $682M +22.6% −$160M -23.5% −$187M -27.5% $391M
2023 $556M -65.2% −$487M -87.6% $738M
2022 $1.6B +39.5% −$634M -39.6%
2021 $1.1B +141% −$1.7B -147.1%
2020 $476M — −$417M -87.6%
Company filings, research estimates and Dealroom dataBook a demo for the full financial model →

Growth signals

Novavax website traffic

Latest recorded traffic for Novavax is 420K monthly website visits, up 162.5% over the last three months. Novavax's team declined 31.3% over the past year.

Latest monthly visits420K 3-month web change+162.5% 1-year team growth-31.3%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

CompanyHeadquartersStatusEmployeesTotal fundingValuation
Trebe BiotechInsect-based recombinant protein production for animal health Buenos Aires, Argentina Operational 6 $250K —
Uvax BioInnovative vaccine solutions leveraging proprietary 1c SA p platform technology for HIV and other infectious diseases Newark, United States Operational
Bailink Pharmaceutical Technology (Shanghai)A loyal partner providing advanced bioprocessing solutions for the rapid development of biotechnology industries Huangpu, China Operational
NeoVacClinical stage company creating revolutionary proprietary next-generation lipid nanoparticles to enable better mRNA vaccines and treatments for various diseases Chilton, United Kingdom Operational
Sensible BiotechnologiesNovel mRNA manufacturing paradigm to establish critical biomanufacturing infrastructure for global biosecurity Bratislava, Slovakia Operational
Normax BiomedNormax focus for 2022 is rapid growth in mRNA Vaccine R&D and manufacturing for sustainable pandemic preparedness Cork, Ireland Operational
EnsiliTechSilica-based technology for refrigeration-free vaccine and biologics storage Bristol, United Kingdom Operational
Vaxxinity | CovaxxInnovative biotechnology company focused on developing a new class of vaccines using their proprietary peptide-based platform Orlando, United States Operational
Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

9 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed3 investors entered at this stage

  • Bill & Melinda Gates Foundation
  • Coalition for Epidemic Preparedness
  • United States Government

Series B and later2 investors entered at this stage

  • Foresite Capital
  • Sanofi

Other known investors4 additional known investors

  • HHS Administration for Strategic Preparedness and Response
  • Prospect Venture Partners
  • Shah Capital
  • US Biomedical Advanced Research and Development Authority
Team profiled 35 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 6 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇺🇸 United States · Gaithersburg HQ
Book a demo for the full country breakdown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Novavax on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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