Novavax To Lease 74,000 Sq. Ft. In Gaithersburg

Vaccine maker Novavax will lease 74,000 square feet, mostly laboratory and manufacturing space, in Gaithersburg. The company needs the room to support its massive federal flu vaccine contract. The Washington Business Journal reports Novavax will take over space at 20 and 22 Firstfield Road. The flu vaccine deal with the Biomedical Advanced Research Authority is split between an initial three-year, $97 million base period that pays for clinical development of its vaccine candidates, and a possible $82 million extension to support manufacturing.