May 23,The Iran Project Denmark ambassador to Tehran says Iran is a good business partner, referring to the investment of a Danish multinationalpharmaceuticalcompanyin the Islamic Republic. Speaking on the sidelines of the opening ceremony of Danish pharmaceutical companyNovo Nordisk on Monday, Danny Annan noted that this investment will certainly ...

Danish insulin maker Novo Nordisk A/SNVO,-1.50%has signed a memorandum of understanding with the Food and Drug Administration of Iran to build a new manufacturing facility in the country. The EUR70 million plant will manufacture Novo Nordisk's FlexPen prefilled devices and the project is expected to last five years. "It signals our long-term ...