Novo Nordisk A/S (CPH: NOVO-B) is a global healthcare company headquartered in Denmark, with a history dating back over 100 years. The company is a leader in diabetes care and has expanded its focus to include obesity, rare blood disorders, and rare endocrine diseases.
Novo Nordisk's product portfolio includes:
Diabetes treatments: Insulins (e.g. Levemir, NovoLog/NovoRapid), GLP-1 receptor agonists (e.g. Victoza)
Obesity treatments: Wegovy (semaglutide)
Rare blood disorder treatments
Rare endocrine disease treatments
Digital health solutions for diabetes management
In 2023, Novo Nordisk reported sales of DKK 232.3 billion, a 36% increase at constant exchange rates. The company's growth was primarily driven by its GLP-1 based diabetes and obesity treatments, particularly Wegovy. Novo Nordisk is expanding its production capacity to meet increasing demand for its products. The company is also advancing its research pipeline, including developing oral versions of its treatments and exploring new therapeutic areas such as cardiovascular disease.
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