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Austria: Novo Holdings to acquire majority stake in Single Use Support

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Novo Holdings has agreed to acquire a majority stake in Single Use Support, a life science tools company providing advanced technology solutions for the pharmaceutical production process.

The Denmark-based holding and investment company responsible for managing the assets and the wealth of the Novo Nordisk Foundation will acquire a controlling stake of about 60% in Single Use Support alongside the two company founders, who each retain 10%, and US-based life science company Danaher which keeps 20% of the share capital.

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