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As Catalent prepares to join Novo family, CDMO s sales continue to slide

As Catalent prepares to join Novo family, CDMO s sales continue to slide
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Catalent, Inc Reports Second Quarter Fiscal 2024 Results

Q2 24 net revenue of $1.03 billion decreased 10% as reported, or 11% in constant currency, compared to Q2 23. Q2 24 net revenue, excluding COVID-related revenue of ~$260 million in Q2’23 and.

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Catalent Q2 sales inch past estimates amid takeover by Novo Holdings

The New Jersey-based firm is the main supplier of fill-finish work - involving filling and packaging syringes and injection pens in sterile conditions - for Novo's popular weight-loss drug, Wegovy. Catalent's shares were marginally higher at $56.70, compared with Novo's offer of $63.50 per share. "We've been surprised by the continued weakness," said Stephens analyst Jacob Johnson.

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Catalent, Inc Reports Second Quarter Fiscal 2024 Results

Catalent, Inc Reports Second Quarter Fiscal 2024 Results
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Novo Holdings invests in Manipal Hospitals, largest deal in Asia

Novo Holdings invests in Manipal Hospitals, largest deal in Asia
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