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Saturday, 21 December 2024
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Mega-buy clears regulatory hurdles

Posted 18 December 2024 AM

Novo Holding's mega-deal to shore up production capacity has cleared its final regulatory hurdles and is expected to be completed by the end of the year.

Novo Nordisk parent company Novo Holdings announced the deal to buy CDMO Catalent for $25.9 billion (US$16.5 billion) back in February, along with the plan to transfer three manufacturing sites that specialised in sterile filling of drugs to Novo Nordisk for $18.4 billion (US$11.7 billion).

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