MedWatch

Novo Holdings has worked large Convatec investment for four years: "Things don't happen overnight"

Having been a large stakeholder in UK company Convatec for almost four years, Novo Holdings has yet to gain success from this investment. CEO Kasim Kutay stays optimistic.

Novo Holdings CEO Kasim Kutay | Photo: Novo Holdings / PR

The wealthy holding company Novo Holdings has burnt its fingers investing billions of kroner in medtech company Convatec.

Whereas another medtech company, Coloplast, has steadily grown and increased in value, British company Convatec has had a different development.

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