Novo Nordisk to invest $2 billion in new production facilities
Danish diabetes care giant Novo Nordisk (NOV: N) plans to invest an estimated $2 billion over the next five years in new production facilities in Clayton, North Carolina, USA, and in Måløv, Denmark.
The expansions will help Novo Nordisk meet the increasing worldwide demand for its diabetes medicines. The investment is estimated to create close to 700 new production and engineering jobs in Clayton where Novo Nordisk already employs more than 700people.
Novo Nordisk also plans to establish a new production facility in Måløv, Denmark for tableting and packaging of oral semaglutide and future oral products. The investment in Måløv will create an estimated 100 new jobs.
To initiate Ph IIIa development of oral semaglutide
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