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    Home > Headlines > Novo Nordisk shuts cell therapy unit amid restructuring
    Headlines

    Novo Nordisk shuts cell therapy unit amid restructuring

    Published by Global Banking & Finance Review®

    Posted on October 10, 2025

    2 min read

    Last updated: January 21, 2026

    Novo Nordisk shuts cell therapy unit amid restructuring - Headlines news and analysis from Global Banking & Finance Review
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    Tags:innovationresearchpartnership

    Quick Summary

    Novo Nordisk halts its cell therapy unit, affecting 250 jobs, as part of a major restructuring to focus on growth under new leadership.

    Table of Contents

    • Novo Nordisk's Strategic Restructuring
    • Impact on Employees
    • Future of Cell Therapy Research
    • Partnerships and Innovations

    Novo Nordisk Discontinues Cell Therapy Unit Amid Major Restructuring

    Novo Nordisk's Strategic Restructuring

    By Siddhi Mahatole

    Impact on Employees

    (Reuters) -Novo Nordisk has decided to discontinue its cell therapy research and development efforts, a spokesperson for the Danish drugmaker told Reuters on Friday.

    Future of Cell Therapy Research

    Bloomberg News first reported on the development earlier in the day, citing Danish newspaper Borsen, which said Novo was also laying off nearly all of the unit's 250 employees.

    Partnerships and Innovations

    Novo was testing its cell therapy to generate insulin-producing beta cells for patients with type 1 diabetes in a preclinical study, along with another cell therapy candidate for Parkinson's disease in early-stage trials.

    The company said last month it would cut 9,000 jobs in a bid to reignite growth and revive its fortunes under a new CEO.

    "As part of this change, we are assessing all business areas and regions to simplify structures, reduce duplication, and sharpen focus," a Novo spokesperson said on Friday, but declined to share details about individual sites and employees involved.

    The drugmaker said it was seeking partners with manufacturing capacity to develop its innovations.

    It has laid off dozens of employees at the largest U.S. manufacturing site for its blockbuster obesity and diabetes drugs, Reuters reported earlier this week, citing a review of LinkedIn posts.

    In late September, Novo called off its $598 million collaboration with Japanese biotech Heartseed to develop cell therapy for patients with advanced heart failure.

    (Reporting by Siddhi Mahatole and Sneha S K in Bengaluru; Editing by Shailesh Kuber, Alan Barona, Sahal Muhammed and Pooja Desai)

    Key Takeaways

    • •Novo Nordisk discontinues its cell therapy unit.
    • •The restructuring affects nearly 250 employees.
    • •Focus shifts to strategic growth under new CEO.
    • •Novo seeks partners for manufacturing innovations.
    • •Collaboration with Heartseed was called off.

    Frequently Asked Questions about Novo Nordisk shuts cell therapy unit amid restructuring

    1What is a restructuring in a company?

    Restructuring refers to the process of reorganizing a company's structure, operations, or finances to improve efficiency, reduce costs, or adapt to market changes.

    2What are layoffs?

    Layoffs are the termination of employees from their jobs, often due to economic conditions, company restructuring, or financial difficulties faced by the organization.

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