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Denmark company buys NH biotech plant - WCAX.COM Local Vermont News, Weather and Sports-

Denmark company buys NH biotech plant

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WEST LEBANON, N.H. -

There is new life for a biotech plant that closed in West Lebanon.

Olympus Biotech announced in June it was shutting down the plant, putting 127 people out of work.

Novo Nordisk of Denmark has now bought the facility and says it has offered jobs to 25 of those laid-off workers to help plan the setup of the plant. Novo will produce pharmaceuticals used to treat hemophilia.

More Olympus workers could be hired in the future.

The quality of the local workforce is one of the things that attracted Novo to West Lebanon.

"It is a great fit," said Peter Gariepy, the vice president of operations at Novo Nordisk. "The plant in Lebanon, New Hampshire, is a high quality facility that fulfills many of Novo Nordisk's needs. And the local community of Lebanon, New Hampshire, is known for its highly skilled workforce and dedication to life sciences. And we have always had a history here of high quality manufacturing at this site."

Novo Nordisk and Olympus Biotech have agreed not to disclose the terms of the deal.

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