Catalent CEO to remain in charge of contract drugmaker after Novo completes buyout

Reuters

2024/10/21

Oct 21 (Reuters) - Catalent president and CEO Alessandro Maselli said on Monday he will continue to lead the contract drugmaker after it is acquired by Novo Holdings, the controlling shareholder of weight-loss drug manufacturer Novo Nordisk .

Maselli's open letter comes on the back of increased criticism regarding Novo Holding's acquisition of Catalent that could threaten competition in weight-loss drugs and cutting-edge gene therapies.

(Reporting by Leroy Leo in Bengaluru; Editing by Shinjini Ganguli)

((Leroy.Dsouza@thomsonreuters.com;))

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