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Business
… And Invests In Diabetes Drug Actives
by Rick Mullin
September 7, 2015
| A version of this story appeared in
Volume 93, Issue 35
Novo Nordisk will invest $2 billion in a new active pharmaceutical ingredient (API) facility in Clayton, N.C., and a tableting and packaging facility in Måløv, Denmark. Both will support Phase III development of oral semaglutide, a glucagon-like peptide-1 analog formulated as a once-daily tablet for the treatment of type 2 diabetes. The facilities also will produce API and tablets, respectively, for other Novo products. Although the U.S. is Novo’s largest market, its diabetes drug API production is currently all in Denmark.
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