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Novavax Licenses Recombinant VLP Influenza Vaccine to LG Life Sciences for South Korea and Other Countries
Date:2/28/2011

or matters are forward-looking statements within the meaning of the Private Securities Litigation Reform Act. Novavax and LGLS caution that these forward-looking statements are subject to numerous assumptions, risks and uncertainties, which change over time. Factors that may cause actual results to differ materially from the results discussed in the forward-looking statements include: neither Novavax nor LGLS have yet manufactured, or relied on third parties to manufacture, any recombinant vaccines at a commercial scale; historical and current results may not be predictive of future trial results for influenza vaccines; further testing is required before regulatory approval can be applied for and regulatory agencies may not approve a vaccine even if the results are similar or better than the results reported to date; there are uncertainties related to the initiation, enrollment, progress and completion of clinical trials; production of a vaccine could depend on many factors outside Novavax's or its licensee's control. Further information on the factors and risks that could affect Novavax's business, financial conditions and results of operations, is contained in Novavax's filings with the U.S. Securities and Exchange Commission, which are available at www.sec.gov. These forward-looking statements speak only as of the date of this press release, and neither Novavax nor LGLS assume a duty to update forward-looking statements.


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