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Catalent Inc

CTLT: XNYS (USA)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
$58.90PprccqkKpbptkv

Novo Nordisk Announces Acquiring Catalent to Expand Wegovy Manufacturing Capacity

Business Strategy and Outlook

Catalent is a leading contract development and manufacturing organization, or CDMO. The company has an extensive network of partnerships with pharmaceutical and biotechnology firms that leverage its expertise and scale to optimize drug production and avoid the risks of in-house drug manufacturing. The challenges and compliance risks associated with changing a drug’s manufacturing process create a sticky relationship for Catalent’s customers. Drug companies tend to stick with trusted suppliers with good track records of regulatory compliance, which makes them unlikely to switch to a different CDMO.

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