Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Wealth
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    ;
    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Finance

    Lilly to build $3 billion Dutch plant to boost weight-loss pill production

    Lilly to build $3 billion Dutch plant to boost weight-loss pill production

    Published by Global Banking and Finance Review

    Posted on November 3, 2025

    Featured image for article about Finance

    (Reuters) -Eli Lilly said on Monday it plans to build a new $3 billion manufacturing plant in the Netherlands to expand the production capacity for its keenly watched weight-loss pill, orforglipron, and other oral medicines.

    The Indianapolis-based drugmaker has shelled out billions of dollars in recent months to boost production of orforglipron, as it proceeds with global regulatory submissions for the pill by the end of the year.

    Lilly had said last week orforglipron met most criteria for the U.S. Food and Drug Administration's new national priority voucher, which could shorten drug reviews to one to two months from about 10 to 12 months.

    The new European facility would be also used to make oral medicines for diseases related to cardiometabolism, neurology, oncology and immunology, Lilly said.

    The plant, located in Leiden Bio Science Park in Katwijk, Netherlands, will create 500 skilled manufacturing jobs and about 1,500 jobs in construction work, the company said. The construction is expected to start next year.

    The announcement comes days after Lilly announced an over $1.2 billion expansion of its site in Carolina, Puerto Rico, to make orforglipron a part of its previously announced $50 billion U.S. manufacturing push.

    Lilly has said it plans to announce two new U.S. manufacturing sites in the coming months.

    The drugmaker's manufacturing footprint in Europe includes sites in France, Ireland, Italy and Spain.

    (Reporting by Mariam Sunny in Bengaluru; Editing by Sahal Muhammed)

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe