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Novavax seeks approval in Australia as Indonesia gives green light

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Novavax has completed it’s application to the Australian Therapeutic Goods Administration for provisional approval.

If successful, the vaccine would be the fourth approved jab in Australia, after AstraZeneca, Pfizer and Moderna.

It would also become the first protein-based vaccination eligible for use within the country.

Novavax, also announced they’ve recently filed for authorisation with the UK’s Medicines and Healthcare products Regulatory Agency, while the jab has been approved for emergency use within Indonesia.

“This submission brings Novavax significantly closer to delivering doses of the first protein-based COVID-19 vaccine to Australia and, along with this week’s filing for conditional marketing authorisation in the UK, brings us one step closer to our goal of ensuring broad global access to our vaccine,”

Novavax President and CEO Stanley C. Erck said in a statement.

The Novavax vaccine works as a two-dose jab, administered 21 days apart.

The vaccine is stored at 2C – 8C, which means existing cold chain channels can be used for the vaccine supply.

How effective is the Novavax jab in comparison to others?

According to the company’s clinical trial of 15,000 participants in Britain, the vaccine showed a 96.4 per cent efficacy against the original virus strain.

It also displayed 86.3 per cent effectiveness against the Alpha variant and 89.7 per cent efficacy overall.

While the biotech company claims a pivotal Phase 3 trial of 30,000 participants in the United States and Mexico showed a 100 per cent protection against moderate and severe disease, with a 90.4 per cent efficacy overall.

However, the company could not provide statistics against the current dominant Delta variant.

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Experts warn AI could trigger ‘Grey Swan’ events in the global economy

Experts warn that AI could trigger ‘grey swan events’ posing risks to economic stability, demand resilience strategies.

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Experts warn that AI could trigger ‘grey swan events’ posing risks to economic stability, demand resilience strategies.


As excitement around artificial intelligence reaches new heights, experts are cautioning that the technology could spark unexpected disruptions known as ‘grey swan events’. Unlike black swans, these events are somewhat foreseeable but often underestimated, posing real threats to economic stability.

David Scutt from StoneX joins Ticker to break down what grey swans are, their potential impact on AI, and how legal, security, and innovation risks could shake the industry. He also explains how the pace of AI advancement makes it harder to anticipate and prepare for these shocks.

From resilience strategies for policymakers to the concept of antifragility coined by Nassim Nicholas Taleb, this discussion offers insights into how the world might navigate the growing AI landscape.

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#AI #GreySwan #TechRisks #InnovationShock #ArtificialIntelligence #GlobalEconomy #DavidScutt #TickerNews


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Oscars move to YouTube in landmark streaming deal from 2029

YouTube will stream the Oscars exclusively from 2029, making it free for over two billion users worldwide.

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YouTube will stream the Oscars exclusively from 2029, making it free for over two billion users worldwide.


The Academy of Motion Picture Arts and Sciences has struck a landmark agreement with YouTube to stream the Oscars exclusively from 2029, marking a major shift for Hollywood’s biggest night.

YouTube will hold global rights to the ceremony from 2029 to 2033, making the event free to its more than two billion users worldwide, with added features like red carpet coverage and behind-the-scenes access.

The move reflects changing viewing habits as audiences increasingly turn to digital platforms for live events.

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#Oscars #YouTube #StreamingWars #Hollywood #FilmIndustry #DigitalMedia #EntertainmentNews #AcademyAwards


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NSW weighs urgent gun law changes after Bondi shooting as firearm caps spark backlash

NSW government to discuss urgent firearm legislation changes after Bondi Beach shooting amid rising violence concerns.

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NSW government to discuss urgent firearm legislation changes after Bondi Beach shooting amid rising violence concerns.


The New South Wales government is set to discuss urgent changes to firearm legislation next week following the Bondi Beach shooting, reigniting the national debate over gun control and public safety.

The proposed reforms are aimed at tightening access to firearms and limiting individual ownership, as authorities respond to concerns about rising violence across the state.

With the number of registered firearms in NSW surging over the past decade, lawmakers say swift action may be needed to prevent further harm.

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#NSWPolitics #GunControl #FirearmLaws #BondiShooting #PublicSafety #AustralianNews #BreakingNews #TickerNews


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