$1.8 billion new US facility a 'huge step strategically and financially' for Novo Nordisk
As work started on its new $1.8 billion diabetes medicine production facility in Clayton, North Carolina, Project Director Gary Lohr spoke about the significance of the huge investment for Novo Nordisk (NOV:N).
He also told The Pharma Letter that it reflected strategic advantages of pharma companies basing manufacturing facilities in the USA.
Founded and headquartered in Denmark and with 90 years of experience in leading diabetes care, the building of a facility producing Novo Nordisk’s active pharmaceutical ingredients (API) for current and future GLP-1 and insulin medicines across the Atlantic shows the company’s confidence in the US market.
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