Novo Nordisk Invests US$2.32billion (DKK 17 bn) in Manufacturing Facility Expansion

Introduction:

Novo Nordisk univels plans for the construction and expansion of its current facility. The expansion of the existing manufacturing facility will be located in Kalundborg, Denmark.

Features:

The project includes construction of three new manufacturing facilities and expansion of one existing facility.

The state-of-the-art productionfacility will be automated with advanced technologies.

The new construction featured with additional capacitywill support the vast global value chain in manufacturing of active pharmaceutical ingredients (API) to assembly and packaging.

The expansion benefits the additional capacity  for the production of existing and  future oral and injectable products.In addition, this investment will increase the manufacturing setup.

The project is expected to be completed by 2027. The new production facility is anticipated tocreate around 400 new jobs and more than 2,500 external jobs during the construction phase.

Specifications:

Name Novo Nordisk
Type Expansion & Construction
Budget US$2.32 billion (DKK 17 bn)