King Restatement Will Boost 2004 Revenue, Income But Hurt Prior Year Results
The company says it is waiting to hear from Mylan on whether the firms' merger agreement will be terminated as a result of the restatement. King continues to evaluate whether financial results prior to 2002 will require restatement.
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Revised recommendation is based on most recent data on circulating strains in US, where KP.3 is now dominant. Novavax sticks with plans targeting the JN.1 ‘parent strain.’
Pink Sheet reporter and editors discuss the US FDA’s changes to the COVID-19 vaccine indication and its revocation of the vaccine emergency use authorizations, as well as new vaccine coverage and reimbursement questions.
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