Novo Nordisk plans USD 2.3bn manufacturing expansion in Denmark

The investment, which will create 340 new jobs, is not related to producing semaglutide, the active ingredient in the Danish drugmaker’s best-selling products.

Aerial photo of Novo Nordisk's plant in Hillerød, Denmark. | Photo: Novo Nordisk / Pr

By Suzi Ring, Bloomberg

Novo Nordisk A/S is spending DKK 15.9bn (USD 2.29bn) to expand production facilities in Denmark as the obesity drug manufacturer looks to ensure capacity for its future portfolio.

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