In December 2020, the pharmaceutical company

Novavax

, located on the outskirts of Washington, was the example of a failed company.

The gray two-story building in a typical suburban US office area that is the company's headquarters was soon to be vacated.

Novavax, a company specializing in vaccines, only had liquidity to continue until June.

The disaster was understandable.

The company had been in business for 33 years and

had not been able to get a single drug approved

.

Zero

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