By settling now and agreeing to deferred payments over the next five years, Novavax avoids the risk of being responsible for a much bigger payout all at once. The arbitration hearing over the disputed vaccine purchase agreement with Gavi was scheduled for this summer.
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ISLAMABAD: Gavi, the Vaccine Alliance on Thursday announced the appointment of Dr Sania Nishtar as its new Chief Executive Officer. Dr Sania, who is currently serving as a senator in her home.