Foreign media flock to tiny town as Novo Nordisk expands
The small town of Kalundborg on the west coast is drawing global attention due to pharmaceutical giant Novo Nordisk planned DKK 65bn ($960m) investment to expand its factory there to meet global demand…
Novo Nordisk accused of ripping off U.S. patients
Novo Nordisk boss Lars Fruergaard Jorgensen was accused of ‘ripping off’ American consumers when he appeared before a U.S. Senate committee in Washington DC, Tuesday. Senators grilled the CEO over the ‘exoboritant’ costs…
Novo Nordisk CEO facing U.S. Senate grilling
Novo Nordisk CEO Lars Fruergaard Jorgensen will appear before a U.S. Senate committee in Washington DC today to defend the pharmaceutical giant’s pricing of ‘wonder’ weight-loss drugs Wegovy and Ozempic. According to the…
Danske Bank: Novo Nordisk fuelling economic growth
Danske Bank expects the economy to expand by 1.8% this year, slightly less than the 1.9% forecasted by the government in its own Economic Review, Friday. And according to Danske’s latest Nordic Outlook,…
Novo Nordisk on Fortune 500 list
Pharmaceutical giant Novo Nordisk has for the first time ever joined the prestigious Fortune 500 list, an annual ranking of the world’s largest companies by revenue. Novo is number 469 after posting 2023…
President Biden urges Novo Nordisk to slash prices – or else…
U.S. President Joe Biden has called on Novo Nordisk to stop ripping off Americans with high drug prices. In a joint opinion piece in USA Today, the President and Senator Bernie Sanders warned…
Novo Nordisk CEO faces U.S. Senate grilling
Novo Nordisk CEO Lars Jørgensen has agreed to appear before a U.S. Senate committee after former presidential candidate Bernie Sanders threatened to subpoena the company over its pricing of the popular diabetes drug…
LEGO still Denmark’s most valuable brand but Novo Nordisk getting close
Global pharmaceutical company Novo Nordisk is close to surpassing giant LEGO as as Denmark’s most valuable brand according to a prominent global brand consultancy. “Novo Nordisk could surpass LEGO in the 2025 rankings,…
Novo Nordisk stock hits new record after clinical trial success
Novo Nordisk shares surged over 4% for the second consecutive day on Thursday, breaking records and pushing the pharmaceutical giant’s market value to more than DKK 3,200 billion, thereby solidifying its position as…
Novo Nordisk drops to second most valuable company in Europe
After a month as Europe’s most valuable company, Novo Nordisk has seen a fall in its share price this week, dropping its market value well below DKK 3,000 bn, placing it behind Louis…
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