MoCo

For Immediate Release: Thursday, January 13, 2022


Business

GAITHERSBURG, Md., Jan. 12, 2022 /PRNewswire/ — Novavax, Inc. (Nasdaq: NVAX), a biotechnology company dedicated to developing and commercializing next-generation vaccines for serious infectious diseases, and SK bioscience, Co. Limited, a vaccine business subsidiary of Korea-based SK Group, today announced that South Korea’s Ministry of Food and Drug Safety (MFDS) has approved a Biologics License Application (BLA) from SK bioscience for Nuvaxovid™ COVID-19 Vaccine (recombinant, adjuvanted) for active immunization in individuals 18 years of age and older for the prevention of COVID-19 caused by SARS-CoV-2. Nuvaxovid™, Novavax’ COVID-19 vaccine also known as NVX-CoV2373, is the first protein-based COVID-19 vaccine to be approved for commercial use in South Korea and will be manufactured and marketed in the country by SK bioscience.

“Novavax is proud to bring our COVID-19 vaccine to South Korea at a critical time in the pandemic as both the Delta and Omicron variants have taken hold,” said Stanley C. Erck, President and Chief Executive Officer, Novavax. “We thank our partners at SK bioscience for their commitment to this public health challenge and the MFDS for its thorough assessment of our data as we look forward to helping address major obstacles to controlling the pandemic through the additional option of our protein-based vaccine.”


Burtonsville

Chapala Tex-Mex in Burtonsville has announced it will be ceasing operations on February 16th.

Last month we spoke with John Angel, one of the owners of the restaurant, who told us that they purchased the neighboring building that was home to Seibel’s for 82 years at 15540 Old Columbia Pike (Seibel’s closed permanently on November 28th).


Retail

Last year Kohl’s announce a major partnership with Sephora that would open 850 Sephora “shop-in-shops” in Kohl’s locations across the country by 2023, in a similar deal to the one struck between Target and Ulta. Sephora previously had a partnership with J.C. Penney that has been slowly winding down ever since J.C. Penney filed for bankruptcy in 2020.

Kohl’s has Montgomery County locations in Aspen Hill, Calverton, Gaithersburg, and Germantown, and is about to start construction on the first Sephora shop-in-shop location at the Calverton location, which is in the orchard Center on Cherry Hill Road. This will be the first Kohl’s location in Maryland to add a Sephora.


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