Novo Nordisk CEO Says Catalent Deal Will Bring Three Large Sites To Co, And There's Ample Expansion Opportunity On Those Sites; In Addition To Catalent Sites, Co Will Continue Working With Contract Manufacturers; "There Are A Lot Of Contract Manufacturers Knocking Our Door Almost On A Weekly Basis"
Portfolio Pulse from Benzinga Newsdesk
Novo Nordisk's CEO announced a deal with Catalent that will bring three large sites to the company, with ample expansion opportunities. The company will also continue working with other contract manufacturers, who are frequently approaching them.
May 21, 2024 | 2:54 pm
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Novo Nordisk's deal with Catalent will add three large sites to its operations, providing significant expansion opportunities. The company will also continue collaborating with other contract manufacturers.
The deal with Catalent significantly expands Novo Nordisk's operational capacity, which is likely to positively impact its stock price. The continued interest from other contract manufacturers further supports growth prospects.
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