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Weight-loss drug maker Novo Nordisk to invest $6 billion in expanding plant - Vimarsana News

Weight-loss drug maker Novo Nordisk to invest $6 billion in expanding plant

Novo Nordisk said on Friday it will invest more than 42 billion crowns ($6 billion) in its Danish production facility in the coming years to meet booming global demand for the Wegovy weight-loss treatment. The expansion at its Kalundborg site will boost capacity for manufacturing active pharmaceutical ingredients (API) as well as across other parts of its value chain such as packaging, the company said in a statement. This will include lifting capacity for GLP-1 products such as semaglutide, the API in Wegovy as well as the company's Ozempic diabetes treatment.

Source: yahoo.com
Creditor asks landlord SBB for immediate repayment of loan - Vimarsana News

Creditor asks landlord SBB for immediate repayment of loan

Swedish property group SBB said one of its creditors has requested it immediately repay a bond after claiming it was in breach of a debt term, an allegation it said it rejected. The...

Truckmaker Volvo to buy Proterra's battery business for $210 million - Vimarsana News

Truckmaker Volvo to buy Proterra's battery business for $210 million

Swedish truckmaker Volvo said on Friday it had won an auction for the battery business of troubled Proterra in the United States with a $210 million bid....

Truckmaker Volvo to buy Proterra's battery business for $210 million | WSAU News/Talk 550 AM · 99.9 FM - Vimarsana News

Truckmaker Volvo to buy Proterra's battery business for $210 million | WSAU News/Talk 550 AM · 99.9 FM

STOCKHOLM (Reuters) - Swedish truckmaker Volvo said on Friday it had won an auction for the battery business of troubled Proterra in the United States...

Source: wsau.com
Swedish c.bank says risks to financial stability remain elevated - Vimarsana News

Swedish c.bank says risks to financial stability remain elevated

The Swedish financial system is functioning well overall but the risks remain elevated, with higher interest rates challenging highly indebted companies and households, the central bank said on... -November 09, 2023 at 03:38 am EST - MarketScreener