Dec 4 (Reuters) - Novavax Inc :
* NOVAVAX ANNOUNCES SALE OF CZECH REPUBLIC MANUFACTURING SITE TO NOVO NORDISK FOR $200 MILLION
* TO SELL CZECH REPUBLIC MANUFACTURING SITE TO NOVO NORDISK FOR $200 MILLION
* EXPECTS ANNUAL OPERATING COST REDUCTIONS OF $80 MILLION FROM SALE
* AGREEMENT INCLUDES TRANSFER OF 150,000-SQUARE FOOT FACILITY AND WORKFORCE
* FOLLOWING CLOSURE OF AGREEMENT FULL RESPONSIBILITY FOR MANUFACTURING FACILITY WILL BE TRANSFERRED TO NOVO NORDISK
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