December 16, 2024 07:09 GMT
HEALTHCARE: Novo Nordisk (NOVOB: A1 Pos/AA-): Rare Disease Investment
HEALTHCARE
A reminder that 7% of sales are from rare diseases
- Novo Nordisk today announced an DKK 8.5b ($1.2bn) new production facility to open in 2027.
- The facility will concentrate on rare diseases such a haemophilia
- Novoseven generates around DKK 7.7bn of annual sales (2.7%) and rare diseases in general account for 7% of revenue. New treatment Concizumab has been approved in the EU and Mim8 is at Phase III.
66 words