Novo Nordisk makes billion-dollar investment in USA

» Updated: July 16 2024

» Published: June 24 2024

Novo Nordisk makes billion-dollar investment in USA
Photo: Lise Åserud/NTB/TT

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The Danish pharmaceutical giant Novo Nordisk is making a billion-dollar investment in the USA.

The company is investing 4.1 billion dollars, equivalent to over 43 billion Swedish kronor, in its facility in Clayton in the American state of North Carolina.

The idea behind the investment is to double the capacity at the facility.

The reason is the increasing demand for diabetes and obesity medicines Ozempic and Wegovy, which the company is behind.

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By TTEnglish edition by Sweden Herald, adapted for local and international readers

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