CPSE:NOVO BPharmaceuticals
Novo Nordisk Expands Oral GLP 1 Bet As Valuation Signals Opportunity
Novo Nordisk announced a major expansion of its oral GLP-1 manufacturing facility in Ireland, aimed at increasing capacity for obesity and diabetes treatments.
The company also entered a new $2.1b partnership with Vivtex to co-develop next generation oral biologic therapies.
Both moves focus on oral delivery of GLP-1 and other biologics at a time of strong global demand for obesity and diabetes drugs.
For investors watching CPSE:NOVO B, these moves come after a challenging share price...