Company to acquire three sites from Catalent amid runaway demand for weight-loss drug
The explosion in demand for the weight loss drug Wegovy has led to the holding company behind its maker, Novo Nordisk, buying a leading US-based drugmaker for $16.5bn ($12.70) to capacity.
Novo Holdings is to buy the New Jersey-based pharmaceutical firm Catalent, and then immediately sell three of its sites for $11bn in US and Europe to Wegovy Novo Nordisk, which will increase its ability to match supply with increasing demand.
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