Novo invests $6B+ to expand manufacturing facilities as demand for Wegovy skyrockets

No­vo Nordisk is in­vest­ing more than DKK 42 bil­lion ($6 bil­lion) to ex­pand its ex­ist­ing man­u­fac­tur­ing fa­cil­i­ties in Den­mark, most­ly to in­crease its ac­tive phar­ma­ceu­ti­cal in­gre­di­ents (API) ca­pac­i­ty, the com­pa­ny an­nounced Fri­day.

The fa­cil­i­ties in Kalund­borg, Den­mark, will be able to man­u­fac­ture mul­ti­ple prod­ucts, in­clud­ing GLP-1s, to “meet fu­ture mar­ket de­mands” as the de­mand for its weight loss prod­uct, We­govy, con­tin­ues to soar. This in­vest­ment will al­so boost pack­ag­ing ca­pac­i­ty.

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