Novo Nordisk Net Worth is11.5 12-Month Sales Growth (%)
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Company Name: Novo Nordisk A/S
Company Logo: Image:Novo Nordisk.svg
Company Type: Public company Aktieselskab
Traded As: CSE1158/NOVO B, NVO
Foundation: 1923
Location: Bagsværd, Denmark
Key People: Sten Scheibye (Chairman), Lars Rebien Sørensen (President and chief executive officer), Jesper Brandgaard (chief financial officer)
Industry: Pharmaceuticals, health care
Products: Activella, Novolin, , Levemir, NovoSeven
Revenue: Danish krone 60.8 billion (2010) Operating Income: DKK 18.89 billion (2010) Net Income: DKK 14.40 billion (2010) Assets: DKK 61.40 billion (end 2010) Equity: DKK 36.97 billion (end 2010) Num Employees: 30,480 (end 2010) Homepage: [http://www.novonordisk.com/ www.novonordisk.com]
Intl: yes
Novo Nordisk manufactures and markets pharmaceutical products and services and was created in 1989 through a merger of two Danish companies dating back to the 1920s. It produces, in particular, diabetes care equipment and medications. Novo Nordisk is also involved with haemostasis management, growth hormone therapy and hormone replacement therapy. Novo Nordisk is researching pulmonary delivery systems for diabetic medications, and in the early stages of research into autoimmune and chronic inflammatory diseases, using technologies such as translational immunology and monoclonal antibodies
Company headquarters are in Denmark, with production facilities in seven countries, and affiliates or offices in 76 countries. It employed approximately 29,000 people globally as of Q4 2009, and marketed its products in 179 countries. It is the largest publicly traded company in the Nordic countries by market capitalization.
Novo Nordisk is a full member of the European Federation of Pharmaceutical Industries and Associations (EFPIA).
The company was ranked 25th among 100 best companies to work for in 2010 by Fortune. In January 2012, Novo Nordisk was named as the most sustainable company in the world by the business magazine Corporate Knights.
Novo Nordisk is involved in publicly-funded collaborative research projects with other industrial and academic partners. One example in the area of non-clinical safety assessment is the InnoMed PredTox. The company is expanding its activities in joint research projects within the framework of the Innovative Medicines Initiative of EFPIA and the European Commission.
Novo Nordisk founded the World Diabetes foundation to save the lives of those affected by diabetes in developing countries and supported a UN resolution to fight diabetes, making diabetes the only other disease alongside HIV / AIDS to have a commitment to combat at a UN level.
Novo Nordisk is developing immunotherapies to combat chronic inflammatory diseases inc

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Novo Nordisk Latest News

BRIEF-Novo Nordisk expects to launch new diabetes drug in Japan during H1 2018 (NOVO , LLY)

Dec 6 (Reuters) - NOVO NORDISK A/S CHIEF SCIENTIFIC OFFICER MADS KROGSGAARD THOMSEN MADE FOLLOWING COMMENTS DURING AN INVESTOR CALL FOLLOWING U.S. APPROVAL OF DIABETES DRUG OZEMPIC: * STILL EXPECTS TO LAUNCH OZEMPIC DIABETES DRUG IN JAPAN DURING THE FIRST ...
Posted: December 6, 2017, 2:42 am

Novo Nordisk's Semaglutide Gets FDA Approval for Diabetes

Novo Nordisk NVO announced that the FDA has approved its semaglutide once-daily pre-filled pen to improve glycaemic control in type II diabetes patients. The GLP-1 receptor agonist will be marketed by the trade name of Ozempic. The approval of Ozempic was ...
Posted: December 16, 2017, 10:16 pm

Novo Nordisk, Torrent expand insulin capacity in Gujarat by 35%

Ahmedabad: World leader in diabetes care, the Danish pharma major Novo Nordisk, in partnership with Torrent Pharma, today opened an enhanced facility in Gujarat and will be launching new products in the country-the home to the world's largest population of ...
Posted: December 11, 2017, 2:55 am
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