# Novo Nordisk Pharmatech to build $221M raw materials plant in Denmark

Novo Nordisk's Pharmatech unit will build a 1.5 billion Danish crown ($221 million) plant in Denmark to produce raw materials for its drugs. The facility is expected to be ready for operation in 2027 and will create around 50 jobs.

- Type: New facility
- Announced: 2024-08-16
- Where: Denmark, Denmark
- Value: $221.0M (1.50B DKK)
- Jobs: 50
- Starts operating: 2027
- Status: announced
- Products: silica gel, raw materials for pharmaceuticals
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Novo Nordisk](https://endata.com/companies/17868.md)

## Sources

- [reuters.com](https://www.reuters.com/business/healthcare-pharmaceuticals/novo-nordisk-pharmatech-unit-build-220-mln-plant-denmark-2024-08-16/), 2024-08-16: "Novo Nordisk's Pharmatech unit will build a 1.5 billion Danish crown ($221 million) plant in Denmark to meet significantly higher demand for medicines to fight chronic diseases."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.