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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 Nx39DGBwOcREHY04mIC81+DBvd5RNkR8DmIIrrnOxfDvCfgpXaNzhRvK5dn7MKZo
 VeADytppUlMTCrY16mpqCw==

<SEC-DOCUMENT>0001209191-06-028491.txt : 20060508
<SEC-HEADER>0001209191-06-028491.hdr.sgml : 20060508
<ACCEPTANCE-DATETIME>20060508210006
ACCESSION NUMBER:		0001209191-06-028491
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20060427
FILED AS OF DATE:		20060508
DATE AS OF CHANGE:		20060508

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			NOVAVAX INC
		CENTRAL INDEX KEY:			0001000694
		STANDARD INDUSTRIAL CLASSIFICATION:	BIOLOGICAL PRODUCTS (NO DIAGNOSTIC SUBSTANCES) [2836]
		IRS NUMBER:				222816046
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		508 LAPP ROAD
		CITY:			MALVERN
		STATE:			PA
		ZIP:			19355
		BUSINESS PHONE:		4849131200

	MAIL ADDRESS:	
		STREET 1:		508 LAPP ROAD
		CITY:			MALVERN
		STATE:			PA
		ZIP:			19355

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			TANANBAUM JAMES B
		CENTRAL INDEX KEY:			0001162061

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-26770
		FILM NUMBER:		06818438

	BUSINESS ADDRESS:	
		BUSINESS PHONE:		650-470-8116

	MAIL ADDRESS:	
		STREET 1:		435 TASSO STREET
		STREET 2:		SUITE 200
		CITY:			PALO ALTO
		STATE:			CA
		ZIP:			94301
</SEC-HEADER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<FILENAME>bsf20336_bsf1jbt.xml
<DESCRIPTION>MAIN DOCUMENT DESCRIPTION
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>3</documentType>

    <periodOfReport>2006-04-27</periodOfReport>

    <noSecuritiesOwned>0</noSecuritiesOwned>

    <issuer>
        <issuerCik>0001000694</issuerCik>
        <issuerName>NOVAVAX INC</issuerName>
        <issuerTradingSymbol>NVAX</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001162061</rptOwnerCik>
            <rptOwnerName>TANANBAUM JAMES B</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O PROSPECT VENTURE PARTNERS</rptOwnerStreet1>
            <rptOwnerStreet2>435 TASSO STREET, SUITE 200</rptOwnerStreet2>
            <rptOwnerCity>PALO ALTO</rptOwnerCity>
            <rptOwnerState>CA</rptOwnerState>
            <rptOwnerZipCode>94301</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>3116637</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>Held by Prospect Venture Partners III, L.P.</value>
                    <footnoteId id="F1"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
    </nonDerivativeTable>

    <derivativeTable></derivativeTable>

    <footnotes>
        <footnote id="F1">Reporting person is a Managing Member of Prospect Management Co. III, L.L.C. and Prospect Management Co. III, L.L.C. is the general partner of Prospect Venture Partners III, L.P. Reporting person disclaims beneficial ownership of shares held by these entities except to the extent of his pecuniary interest therein.</footnote>
    </footnotes>

    <remarks>No securities beneficially owned by Reporting Person.</remarks>

    <ownerSignature>
        <signatureName>/s/ James B. Tananbaum, M.D.</signatureName>
        <signatureDate>2006-05-08</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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