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Biotech / Medical : New Brunswick Scientific Co., Inc. (NBSC)

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To: scaram(o)uche who wrote (194)11/13/2000 9:55:20 AM
From: scaram(o)uche  Read Replies (2) of 724
 
Novo Nordisk Concludes Private Placement Into ZymoGenetics

BAGSVAERD, Denmark, Nov. 13 /PRNewswire/ -- Novo Nordisk A/S (NYSE: NVO)
has on Friday, 10 November concluded the transaction it announced on
October 23 re a USD 150 million private placement into ZymoGenetics Inc from
an international investor consortium led by E M Warburg, Pincus & Co, LLC.

Novo Nordisk A/S is the world leader in insulin and diabetes care and also
manufactures and markets a variety of other pharmaceutical products.
Furthermore, the company is the world's largest producer of enzymes for
industrial use. Headquartered in Denmark, Novo Nordisk employs approximately
16,200 people in 68 countries and markets its products in 179 countries. Its
B shares are listed on the stock exchanges in Copenhagen and London. Its ADSs
are listed on the New York Stock Exchange under the symbol "NVO." A demerger
of Novo Nordisk with the intention to spin off the Enzyme Business into a
separately listed company is expected to take place following an extraordinary
general meeting in mid-November. For further company information, visit Novo
Nordisk on the World Wide Web at novo.dk

SOURCE Novo Nordisk A/S
Web Site: novo.dk
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