Novo Nordisk CEO eyes "huge opportunity" in unused capacity at Catalent

The three factories that Novo Nordisk plans to acquire from Catalent are underutilized, according to the CEO.

CEO of Novo Nordisk, Lars Fruergaard Jørgensen. | Photo: Stine Bidstrup

by MARKETWIRE

On Monday, Novo Nordisk announced a billion-dollar acquisition of three factories from US-based Catalent, which among other things produces the Danish company’s GLP-1 product, but also the competing product from Elli Lilly.

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Novo Holdings to buy Catalent and sell three factories to Novo Nordisk
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