Novo Nordisk plans to meet entire Russian demand for insulin over the next few years

2 May 2016

Danish diabetes care giant Novo Nordisk (NOV: N) plans to meet the entire demand of Russia for insulin over next few years, according to Kenneth Mortensen, vice president of Novo Nordisk, who is the director of the Russian factory in Kaluga.

It is planned that the majority of insulin that will be supplied by the company to the Russian market will be produced at the Kaluga plant that was officially commissioned in April of 2015, reports The Pharma Letter’s local correspondent.

Planned production volumes are currently not disclosed and, according to the company, will be announced later this year.

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