Novo Plans Mfg Plant in Iran
Novo Nordisk Iran and the Food and Drug Administration of the Islamic Republic of Iran have signed a memorandum of understanding committing Novo Nordisk to build a local manufacturing plant for its FlexPen prefilled devices in Iran.
The project is expected to last five years and represents a Novo Nordisk investment of approximately EUR 70 million euros. The production will function in compliance with good manufacturing practices (GMP), With construction of the new facility, Novo Nordisk will create 160 jobs; Novo Nordisk already employs around 130 people in Iran.
Source: Novo Nordisk