Novavax to sell Czech manufacturing unit to Novo Nordisk for $200 million

By Yahoo! Finance   |   1 year ago
Novavax to sell Czech manufacturing unit to Novo Nordisk for $200 million

Novavax is selling its Czech facility to Novo Nordisk for $200 million to focus on its vaccine pipeline. The move comes after the company struggled to compete with Moderna and Pfizer, but has seen a rise in shares following a licensing deal with Sanofi.

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