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Announced

Novo Nordisk to acquire the manufacturing facility in Bohumil from Novavax for $200m.

Synopsis

Novo Nordisk, a life sciences investor, agreed to acquire the manufacturing facility in Bohumil from Novavax, a late-stage biotechnology company, for $200m. "The decision to sell the Czech Republic manufacturing facility aligns with our previously announced commitment to evolve Novavax into a more lean and agile organization focused on partnering our pipeline assets and technology platform. We are thankful to our dedicated colleagues in the Czech Republic who have contributed to Novavax's mission of delivering our technology to address unmet needs. We look forward to working with Novo Nordisk to ensure a successful transition," John C. Jacobs, Novavax President and Chief Executive Officer.

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