So did a little reading on NVAX and they got $179M from BARDA back in 2011 for their influenza vaccine development. In Sep 2016 the PH3 trial failed and they dropped 84% ($45B to $7B MktCap). No wonder they had to go to CEPI for more funding...
https://www.cnbc.com/2016/09/16/novavax-plung...grade.html