Diabetes Drug Maker Novo Nordisk Buys Pill Factory In North Carolina

www.oann.com | 4/21/2016 | Staff
j.moomin (Posted by) Level 3
COPENHAGEN (Reuters) – Novo Nordisk said on Tuesday it had bought a factory in North Carolina that would assist in manufacturing and packaging its new once-daily pill for treating type 2 diabetes.

The tablet version of its diabetes drug, known as semaglutide, is an important growth prospect for the Danish drugmaker, which faces pressure on prices from competitors and U.S. lawmakers, who have been critical of rising drug costs.

Novo - World - Producer - Diabetes - Drugs

Novo, the world’s biggest producer of diabetes drugs, said the new plant near Durham would receive shipments of the active pharmaceutical ingredient needed to produce the pill from another factory under construction in North Carolina.

“We want to build manufacturing capacity in the United States...
(Excerpt) Read more at: www.oann.com
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