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COPENHAGEN, Aug. 27 (Xinhua) -- Danish pharmaceuticals company Novo Nordisk announced on Thursday it plans to invest an estimated 2 billion U.S. dollars over the next five years in two new production facilities.

One of the production facilities will be located in Clayton, United States Seahawks Youth Jersey , and will produce active pharmaceutical ingredients (API) for the treatment of type 2 diabetes and a range of insulin products, the company said in a statement.

The investment is estimated to create some 700 new production and engineering jobs in Clayton where Novo Nordisk already employs more than 700 people.

The company also plans to establish a new production facility in Maaloev, Denmark, for tableting and packaging of oral semaglutide and future oral products, which is expected to create an estimated 100 new jobs.

"With the new plant in Clayton and continuous investments in our current API production plants in Kalundborg, Denmark, we will have sufficient API capacity for diabetes products well into the next decade Seahawks Womens Jersey ," said Henrik Wulff, executive vice president and head of product supply at Novo Nordisk.

He explained that the decision to place the new API facilities in the United States is for strategic reasons as the United States is by far Novo Nordisk's largest market and there are many logistical and economic advantages of having a larger part of the company's manufacturing in the main market.

The two facilities are expected to be operational in 2020.

Fred Danny
Submitted 2018-05-19 04:25:29 The basis, which we found to write about the above topic is regarding the general ITAR-related discussions on several platforms or forums.

If it weren鈥檛 these forums, we wouldn鈥檛 have even an iota of assumption how much ignorant several companies can turn.

For the uninitiated, ITAR or International Traffic in Arms and Regulations is an export control law. It鈥檚 a LAW, not a certification standard as assumed by many. We want you to clearly learn about the regulations coming under the U. S. State Department鈥檚 Directorate of Defense Trade Controls (DDTC).

The regulations asks an exporter to become fully ITAR compliant if they are in a business where dealing of Defense Articles, Services Black Seahawks Jersey , or Technical Data takes place. Non compliance of these regulations would amount to civil or criminal penalties, 20 years of rigorous imprisonment to be the worst. If these weren鈥檛 enough, a tarnished reputation for the lifetime would definitely highlight the case.

Till now, you may have understood or slightly have developed an idea regarding the ramifications associated with the violation of U. S. export regulations.

How to comply with the ITAR regulations?

Most importantly, a company needs ITAR compliance in every whatsoever condition. Irrespective of what has been said on the Internet or suggestions offered by so-called experts, you need a professional advice.

First of all, a legal explanation allows to comprehend the policies you and your company鈥檚 employees need to understand. Since the responsibility is not only owned by the senior management only Seahawks Jersey Sale , it has to be educated, trained, and guided to the employees.

Second, the integrity of compliance would lose its impetus if all employees aren鈥檛 aware about the regulations. For proper maintenance of compliance measures, especially in tandem with the U. S. export control regulations, an accountability have to be set up.

Third, critical monitoring of trade partners Cheap Seahawks Jersey , carriers, and countries are vital to the compliance measures. Moreover, one should get notified about the potential riskspenalties for violating the established regulations.

Who can providesupply guidance or services (if any)?

For your information, if you are an exporter, you also need to know about the ECCN classification of products that require permission to get exported. However, considering your decent awareness of the subject, we recommend you to pursue a Trade Compliance Consultant. Their full range of services would accommodate the requirements of your organization and employees.

Basically Seahawks Frank Clark Jersey , a consultant provides a framework, tools, services and various resources to your organization. As a result, you can avoid legal troubles in penalties and punishment awarded by the judiciary.

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