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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.
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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.