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Novo Nordisk A/S (NVO) Q2 2021 Earnings Call Transcript

NVO earnings call for the period ending June 30, 2021. ....

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Novo Nordisk A/S (NVO) Q1 2021 Earnings Call Transcript

NVO earnings call for the period ending March 31, 2021. ....

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Karsten Munk Knudsen nominated to Hempel board of directors

Karsten Munk Knudsen nominated to Hempel board of directors
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Novo Nordisk plots $82M tablet capacity upgrade for diabetes blockbuster-to-be Rybelsus

Feb 25, 2021 9:41am
Novo Nordisk s oral Ozempic follow-up, Rybelsus, managed to pull $303 million in 2020 sales. (Novo Nordisk)
Novo Nordisk didn’t let the pandemic scupper the launch of its oral diabetes drug Rybelsus last year. Now, with strong sales on the docket, it’s pledging millions to expand future capacity for the blockbuster-in-waiting.
Novo Nordisk plans to spend 500 million Danish kroner ($82 million) to expand its production facility in Måløv, Denmark. The plant currently turns out Rybelsus, Novo’s oral semaglutide follow-up to its injectable Type 2 diabetes drug Ozempic.
The project, which is expected to wrap in 2022, will lock up future tablet production capacity for Rybelsus. Novo didn’t say what its final capacity would be when the expansion is complete. ....

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Novo Nordisk plots $1.3B in spending as it expands API production—and advances new oral meds

Feb 4, 2021 8:59am
Novo Nordisk is in the process of completing a massive active pharmaceutical ingredient plant in North Carolina and plans to add more capacity as its oral drug development advances. (Artist rendering courtesy of Novo Nordisk)
Novo Nordisk is off and running with its launch for oral semaglutide, a Type 2 diabetes med carrying blockbuster expectations. But the company also sees potential new uses for its oral delivery platform, and it s bolstering its manufacturing network to support its forays in that direction.
The Danish drugmaker said Wednesday it expects to spend around 8 billion Danish kroner ($1.3 billion) on capital projects in 2021 as it gears up to add capacity for active pharmaceutical ingredients. That spending will help advance its oral drug delivery work, Chief Financial Officer Karsten Munk Knudsen said on a conference call with analysts. ....

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