Novo Nordisk A/S, the Danish maker of popular drugs used in the treatment of obesity
Ozempic and Wegovy, plans to build a "mega manufacturing facility" outside of
outside Dublin, Ireland,
to meet the growing demand.
This UNN writes with reference to Bloomberg.
The pharmaceutical giant has applied to build
147,192-square-meter campus that will create up to 1,100 jobs in the
region, according to a Sunday Times report, which cited detailed documents
submitted with the planning application.
Success
Ozempic and Wegovy has transformed 100-year-old Novo Nordisk into the most valuable
listed company in Europe, with a market capitalization larger than
the Danish domestic economy. Demand has also tested the company's production
the company's production capacity, and it's struggling to keep up.
The report said the investment is likely to exceed 2
billion euros ($5.51 billion), based on similar developments at the
companies. It will take 18 to 24 months to complete and should be
fully operational by 2026.
According to the Sunday Times, if approved, the project in Dublin
would include three prefabrication and packaging facilities,
a warehouse building, two assembly and packaging facilities, an administration building
and a laboratory.