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NVO Novo Nordisk

123.35
0.30 (0.24%)
Last Updated: 15:02:21
Delayed by 15 minutes
Share Name Share Symbol Market Type
Novo Nordisk NYSE:NVO NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.30 0.24% 123.35 123.51 121.78 122.04 846,322 15:02:21

Novo Nordisk Invests DKK1.5 Billion in New Manufacturing Facility in Denmark

04/05/2015 7:39am

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Novo Nordisk (NYSE:NVO)
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   By Dominic Chopping 
 

Novo Nordisk A/S (NOV) said Monday it is investing DKK1.5 billion in new haemophilia treatment manufacturing facility in Denmark.

The Danish pharmaceutical company said the new facility in Kalundborg, Denmark will produce active pharmaceutical ingredients for its NovoSeven product as well as future products for treating haemophilia.

The investment is estimated to create 100 new production and engineering jobs in Kalundborg, where Novo Nordisk currently employs more than 2,800 people, it said.

The facility is expected to be approved and fully operational in 2020.

-Write to Dominic Chopping at dominic.chopping@wsj.com; Twitter: @WSJNordics

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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