Bagsvaerd, Denmark - Novo Nordisk A/S (NYSE:
NVO) has on Friday, 10 November concluded the transaction it announced on October 23 re a USD 150 million private placement into ZymoGenetics Inc from an international investor consortium led by E M Warburg, Pincus & Co, LLC.
Novo Nordisk A/S is the world leader in insulin and diabetes care and also manufactures and markets a variety of other pharmaceutical products. Furthermore the company is the world's largest producer of enzymes for industrial use. Headquartered in Denmark, Novo Nordisk employs approximately 16,200 people in 68 countries and markets its products in 179 countries. Its B shares are listed on the stock exchanges in Copenhagen and London. Its ADSs are listed on the New York Stock Exchange under the symbol "NVO". A demerger of Novo Nordisk with the intention to spin off the Enzyme Business into a separately listed company is expected to take place following an extraordinary general meeting in mid-November. For further company information, visit Novo Nordisk on the World Wide Web at
http://www.novo.dk
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