MedWatch

Novo Nordisk invests USD 2.6bn in new manufacturing facilities

The pharmaceutical company plans to build three new manufacturing facilities and to expand one factory in the Danish city of Kalundborg. Construction is anticipated to create around 400 new jobs.

Photo: Novo Nordisk / PR

With an investment of DKK 17bn (USD 2.6bn), Novo Nordisk seeks to strengthen all of the links in its global value chain, from drug production to packaging, it announces in a press release on Monday.

The sum will be spent on three new manufacturing facilities plus an expansion of its existing facility in Kalundborg, Denmark, with the goal of establishing additional capacity for the production of active pharmaceutical ingredients (APIs).

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