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  • Novo Nordisk infuses...

Novo Nordisk infuses DKK 15.9 bn in expansion of manufacturing facilities in Hillerød, Denmark

Ruchika SharmaWritten by Ruchika Sharma Published On 2023-06-12T14:00:07+05:30  |  Updated On 12 Jun 2023 2:00 PM IST
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Denmark: Novo Nordisk has announced plans to invest 15.9 billion Danish kroner starting in 2023 to expand an existing Active Pharmaceutical Ingredient (API) production facility in Denmark for the future portfolio within serious chronic diseases.

The investment comes as Novo Nordisk marks the 100th anniversary of its founding in Denmark, where 21,000-plus employees – approximately half of the company's global workforce - still work today. The majority of these employees work at various production sites.

The investment in Hillerød, Denmark will create additional production capacity and increase Novo Nordisk’s ability to meet future market demands and be a key enabler for Novo Nordisk to develop its future clinical late-phase product portfolio.

“This important investment will ensure the continuous development of our late-phase pipeline into deliveries of important medicines for treatments to patients worldwide,” said Henrik Wulff, executive vice president of Product Supply, Quality & IT. “The investment announced today confirms Hillerød and Denmark as cornerstones in our global footprint, and I would like to take this opportunity to thank the Danish Government and Parliament for their continued focus on ensuring good and stable infrastructure and supplies – allowing us to continue to expand our production capacity to the benefit of patients living with serious chronic diseases.

Read also: Novo Nordisk gets EMA panel recommendation for once weekly Sogroya for expanded use in children, adolescents with growth hormone deficiency

The new facility – which will be approximately 65,000m² – will be designed as a multi-product facility, with maximum flexibility to accommodate new processes and displaying state-of-the-art technology and working environment.

Construction is underway and the facility is expected to start producing API by early 2029. This project is expected to create 340 new jobs when construction is completed, and the facility is fully equipped.

Read also: Novo Nordisk enters exclusive negotiations to acquire controlling stake in BIOCOR

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Ruchika Sharma
Ruchika Sharma

    Ruchika Sharma joined Medical Dialogue as an Correspondent for the Business Section in 2019. She covers all the updates in the Pharmaceutical field, Policy, Insurance, Business Healthcare, Medical News, Health News, Pharma News, Healthcare and Investment. She has completed her B.Com from Delhi University and then pursued postgraduation in M.Com. She can be contacted at editorial@medicaldialogues.in Contact no. 011-43720751

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