Novo Nordisk-owner to expand in India this year [Reuters]
Iron Mountain Incorporated (Delaware)Common Stock REIT (IRM)
Last iron mountain incorporated (delaware)common stock reit earnings: 2/13 06:00 am
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Source: Reuters
COPENHAGEN, March 12 (Reuters) - Novo Holdings, the controlling shareholder of Danish obesity drugmaker Novo Nordisk (NOVOb.CO) , opens new tab , plans to open an office in India this year to tap innovation and a growing healthcare market, its CEO Kasim Kutay said on Tuesday. The firm, whose assets under management rose to 149 billion euros ($163 billion) at the end of 2023 from 108 billion a year earlier, manages a portfolio of 170 companies across life sciences and capital investments in equities, fixed-income assets, and real estate. It has seen a surge in revenue from Novo Nordisk, the maker of blockbuster obesity drug Wegovy and diabetes treatment Ozempic. Novo Holdings, the investment arm of the Novo Nordisk Foundation, owning 28% of the drugmaker's equity and 77% of the voting shares, established offices in Singapore in 2021 and in Shanghai in 2022, and plans to open one in Mumbai this year. "That obviously speaks to the ambitions that we have in that region," Kutay to
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