The stunning success of Novo Nordisk A/S's semaglutide has filled the coffers of the controlling shareholder of the Danish drugmaker which is dipping into its mountain of cash to acquire contract manufacturer Catalent, Inc for $16.5bn.
Novo Splashes Out Again To Solve Semaglutide Supply Problem
Novo Nordisk is buying three manufacturing facilities for $11bn from Catalent, which has just been acquired by the former's main shareholder Novo Holdings, in its latest bid to meet surging demand for its semaglutide-based diabetes and obesity drugs.
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