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Novo Nordisk Announces $501M Ireland Expansion for Wegovy Pill Production
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Novo Nordisk Announces $501M Ireland Expansion for Wegovy Pill Production
Novo Nordisk has announced a €432 million ($501 million) investment to expand its manufacturing facility in Athlone, Ireland, specifically targeting the production of its oral GLP-1 obesity medication, the Wegovy pill. This strategic move involves retrofitting a site acquired from Alkermes to create a “critical hub” for markets outside the U.S. The expansion aims to bolster supply chains and prevent the product shortages that hampered earlier in…
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