The Novo Nordisk logo, a bull with a sun disk between his horns, is based on the Egyptian deity Apis.
Headquarters in Bagsværd, Denmark
Company type
Public
Traded as
Nasdaq Copenhagen: NOVO B
OMX Copenhagen 25 component
NYSE: NVO
Industry
Pharmaceuticals, Health care
Founded
21 December 1923; 100 years ago (1923-12-21)
Headquarters
Bagsværd
,
Denmark
Key people
Helge Lund (Chairman)
Lars Fruergaard Jørgensen (president and CEO)
Products
Ozempic
Ryzodeg
Victoza
NovoEight
Activella
Novolin
Levemir
NovoSeven
Norditropin
Tresiba
Xultophy
NovoRapid
Fiasp
Saxenda
Revenue
232.3 billion kr. (2023)
Operating income
102.6 billion kr. (2023)
Net income
83.68 billion kr. (2023)
Total assets
314.5 billion kr. (2023)
Total equity
106.6 billion kr. (2023)
Owner
Novo Holdings A/S (28%)
Number of employees
64,319 (end 2023)
Website
novonordisk.com
Footnotes / references [1][2]
Novo Nordisk A/S is a Danish multinational pharmaceutical company headquartered in Bagsværd[3] with production facilities in nine countries and affiliates or offices in five countries. Novo Nordisk is controlled by majority shareholder Novo Holdings A/S which holds approximately 28% of its shares and a majority (77%) of its voting shares.[4]
Novo Nordisk manufactures and markets pharmaceutical products and services, specifically diabetes care medications and devices.[5] Its main product is the drug semaglutide, used to treat diabetes under the brand name Ozempic and obesity under the brand name Wegovy.[6] Novo Nordisk is also involved with hemostasis management, growth hormone therapy, and hormone replacement therapy. The company makes several drugs under various brand names, including Levemir, Tresiba, NovoLog, Novolin R, NovoSeven, NovoEight, and Victoza.[1]
Novo Nordisk employs more than 48,000 people globally, and markets its products in 168 countries.[7] The corporation was created in 1989, through a merger of two Danish companies, which date back to the 1920s. The Novo Nordisk logo is the Apis bull, one of the sacred animals of ancient Egypt. Novo Nordisk is a full member of the European Federation of Pharmaceutical Industries and Associations (EFPIA).[8]
The company was ranked 25th among the 100 Best Companies to Work For in 2010 and 72nd in 2014 by Fortune.[9] In January 2012, Novo Nordisk was named the most sustainable company in the world by the business magazine Corporate Knights, while spin-off company Novozymes was named fourth.[10] Novo Nordisk is the largest pharmaceutical company in Denmark.[11] Novo Nordisk's market capitalization exceeded the GDP of Denmark's domestic economy in 2023, and it is the highest valued pharmaceutical company in Europe.[12]
^ ab"Annual Report 2023" (PDF). Novo Nordisk. Archived from the original (PDF) on 31 January 2024. Retrieved 1 February 2024.
^"Form 6-K". U.S. Securities and Exchange Commission. 3 August 2022.
^"Who we are". www.novonordisk.com. Retrieved 28 September 2021.
^"Novo Nordisk share and ownership structure". Retrieved 24 August 2023.
^"Novo Nordisk sees slower 2020 growth with US insulin prices pressured". CNBC. 5 February 2020. Retrieved 20 April 2020.
^Nelson, Eshe (30 August 2023). "Novo Nordisk Tilts G.D.P. In Denmark". The New York Times. p. B1. ISSN 0362-4331. Retrieved 5 October 2023.
^"Annual Report 2021" (PDF). Novo Nordisk. Archived from the original (PDF) on 7 February 2022. Retrieved 13 March 2022.
^"The Pharmaceutical Industry in Figures - 2008 Edition". European Federation of Pharmaceutical Industries and Associations (EFPIA). p. 49. Archived from the original on 16 September 2008. Retrieved 25 August 2008.
^"100 Best Companies to Work For 2010: Full list". Fortune. 2010.
^read, Bart King Published 8 years ago About a 2 minute (27 January 2012). "Novo Nordisk Ranked World's Most Sustainable Corporation". Sustainable Brands. Retrieved 20 April 2020.{{cite web}}: CS1 maint: numeric names: authors list (link)
^Stegger, Clara (2 December 2022). "Første danske virksomhed nogensinde: Novo Nordisk rammer gigantisk beløb". Finans (in Danish). Retrieved 18 January 2023.
^Wienberg, Christian (9 August 2023). "Novo's Value Surpasses Denmark GDP After Obesity Drug Boost". Bloomberg News.
NovoNordisk A/S is a Danish multinational pharmaceutical company headquartered in Bagsværd with production facilities in nine countries and affiliates...
The NovoNordisk Foundation is an international enterprise foundation focusing on medical treatment and research. In 2022, the foundation had a net worth...
Team NovoNordisk (UCI team code: TNN) is an all-diabetic professional cycling team founded by CEO Phil Southerland and led by general manager Vassili...
value of NovoNordisk exceeded the entire Danish GDP by almost $150 billion. Profits from NovoNordisk generate returns for the NovoNordisk Foundation...
The NovoNordisk Prize is an annual award presented to acknowledge exceptional contributions within the fields of medical and health sciences. It is specifically...
antidiabetic drugs, a main side effect concern is hypoglycemia. It is sold by NovoNordisk under the name of Prandin in the United States, Gluconorm in Canada,...
member of the Advisory Board for Humanitarian and Development Aid at the NovoNordisk Foundation. She was previously CEO & Executive Director of the United...
to marketing. NovoNordisk has made deals with generic manufacturers to enter the United States market in 2024. In 2010, NovoNordisk breached the ABPI's...
founded as NovoNordisk IT in 1994 through the merger of NovoNordisk's two existing information technology units. In 1999, NovoNordisk IT was established...
Deen became a paid spokesperson for the Danish pharmaceutical company NovoNordisk, which produces drugs for that disease. In June 2013, Deen was sued by...
development by NovoNordisk as a weight loss drug; unlike some competitors, it can be delivered orally. On 7 March 2024, NovoNordisk announced the results...
Mobiltelefon, Swedish mobile telephone network operator NovoNordisk, Danish pharmaceutical company Nordisk familjebok, Swedish encyclopedia This disambiguation...
manager who is the CEO of Danish Novo Holdings A/S, an investment fund that manages investments and assets for the NovoNordisk Foundation. He holds British...
(link) "NovoNordisk's sales increased by 31% in 2023". "NovoNordisk Financial report for the period 1 January 2022 to 31 December 2022". NovoNordisk Annual...
and the secretion of insulin. Her breakthroughs were transformed by NovoNordisk into therapeutic agents against diabetes and obesity. Mojsov was born...
ZymoGenetics began working on recombinant proteins with Danish company NovoNordisk, and was acquired by that company in 1988. It was spun off as a public...
available for postprandial (after meal) injections. NovoNordisk created "aspart" and marketed it as NovoLog/NovoRapid (UK-CAN) as a rapid-acting insulin analogue...
creator of NPH insulin and the founder of Nordisk Insulinlaboratorium, which is known today as NovoNordisk. Hagedorn was born in Copenhagen. Gis father...
1925, the brothers Harald and Thorvald Pedersen founded Novo Terapeutisk Laboratorium and Nordisk Insulinlaboratorium with the aim to produce insulin. In...
is an ultralong-acting basal insulin analogue that was developed by NovoNordisk under the brand name Tresiba. It is administered via subcutaneous injection...
receive fewer injections over the course of the day. NovoLog Mix is marketed to be used with the NovoNordisk FlexPen. The onset of action is less than 30 minutes...
It is an ultralong-acting basal insulin analogue that is developed by NovoNordisk. It has a plasma half-life more than eight days (compared to 25 hours...
BP since January 2019, and chairman of the Danish healthcare company NovoNordisk since 2018. He is the former chief executive officer (CEO) of BG Group...
Phytophthora infestans in plant-pathogen systems. Danish pharmaceutical company NovoNordisk have used genetically modified yeast (Saccharomyces cerevisiae) to produce...