Novo Nordisk invests $2.3 mln in France to boost output


Reuters | Updated: 23-11-2023 14:50 IST | Created: 23-11-2023 14:32 IST
Novo Nordisk invests $2.3 mln in France to boost output
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  • Country:
  • Denmark

Denmark's Novo Nordisk said on Thursday it would invest more than 16 billion crowns ($2.34 billion) in the expansion of production facilities in Chartres in France.

Novo Nordisk said in a statement construction projects would gradually be finalised through 2028 and would significantly increase production capacity for its current and future product portfolio within serious chronic diseases. "With this, we will – over the coming years - increase our production capacity to be prepared for the increased demand for our medicines and future innovations from our pipeline," Novo Nordisk said.

($1 = 6.8320 Danish crowns)

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