Novo Nordisk invests $ 59 mn to expand insulin plant in Denmark

Novo Nordisk will invest 400 million Danish kroner (about $ 59 million) in a 500 square meter extension of the world’s largest insulin production plant in Kalundborg, Denmark.
 
“The expansion of our production plant highlights our ambition to continue strengthening our presence in Kalundborg. The new facilities will give us greater flexibility and enable the installation of equipment that will enhance efficiency and increase the long-term production capacity of the plant,” said Michael Hallgren, senior vice president and head of production in Kalundborg.
 
Established in 1969, the Kalundborg production site today covers a total area of 1.1 million square metres. With its 3,400 employees, Kalundborg is a cornerstone of Novo Nordisk's global production and produces 50 percent of the world's insulin as well as a range of biopharmaceutical products. The extension is expected to be completed at the end of 2018.