Novo Holdings looks to double Catalent size with eye on Trump US manufacturing focus

MRLIX Fund  USD 18.95  0.11  0.58%   
Slightly above 53% of Amg Renaissance's investor base is interested to short. The analysis of overall sentiment of trading Amg Renaissance Large mutual fund suggests that many investors are impartial at this time. Amg Renaissance's investing sentiment can be driven by a variety of factors including economic data, Amg Renaissance's earnings reports, geopolitical events, and overall market trends.
  
Novo Holdings, the controlling shareholder of Novo Nordisk, hopes to double the size of its recently acquired contract drugmaker Catalent over five years, a senior partner at the investment firm said, as it prepares for a likely focus on U.S. manufacturing by President-elect Donald Trump. Novo Holdings last month closed a 16.5 billion deal to buy U.S.-based Catalent. The firm then sold three of Catalents plants used to complete the drug manufacturing process to Novo Nordisk for 11 billion as part of the deal, to help the Danish drugmaker ramp up supplies of its popular weight-loss drug Wegovy.

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