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Novo Nordisk Foundation to Establish New Cell Therapy Manufacturing Facility in Denmark

September 25, 2023

On Sept. 21, 2023, the Novo Nordisk Foundation announced that it is investing up to DKK 950 million (€127 million, US$136 million) into a new cell therapy manufacturing facility in Lyngby, Denmark. The facility, which will be known as the Cellerator, will be located on the Technical University of Denmark (DTU) campus and will be used for the final development steps and upscaling of cell therapies for human testing. According to a company press release, the Cellerator will be a limited liability company and will be fully owned and funded by the Novo Nordisk Foundation. It will operate as an independent philanthropic initiative.

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