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Novo Nordisk (NVO) plans to invest $4.1 billion in building out a manufacturing facility in Clayton, North Carolina for its GLP-1 weight-loss drugs Wegovy and Ozempic. This investment is happening a week after Eli Lilly (LLY) unveiled its new factory in Concord, North Carolina.

Yahoo Finance Health Reporter Anjalee Khemlani breaks down the details.

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This post was written by Luke Carberry Mogan.