Sector: Healthcare | Industry: Pharmaceuticals |
Company Contact | |
Address: | Novo Alle 1 BAGSVAERD 2880 |
Tel: | N/A |
Website: | https://www.novonordisk.com |
IR: | See website |
Key People | ||
Lars Fruergaard Joergensen President, Chief Executive Officer | Tania Sabroe Executive Vice President - People and Organisation | Henrik Poulsen Vice Chairman of the Board |
Karsten Munk Knudsen Chief Financial Officer, Executive Vice President | Maziar Mike Doustdar Executive Vice President - International Operations | Marcus Schindler Executive Vice President - Research and Early Development, Chief Scientific Officer |
Ludovic Helfgott Executive Vice President - Rare Disease | Douglas Langa Executive Vice President, North America Operations | Martin Holst Lange Executive Vice President - Development | David Moore Executive Vice President - Corporate Development |
Business Overview |
Novo Nordisk A/S is a global healthcare company engaged in diabetes care. The Company is also engaged in the discovery, development, manufacturing and marketing of pharmaceutical products. The Company operates through two business segments: diabetes and obesity care, and biopharmaceuticals. The Company's diabetes and obesity care segment covers insulin, GLP-1, other protein-related products, such as glucagon, protein-related delivery systems and needles, and oral anti-diabetic drugs. The Company's biopharmaceuticals segment covers the therapy areas of hemophilia care, growth hormone therapy and hormone replacement therapy. The Company also offers Saxenda product to treat obesity. It offers a range of products, including NovoLog/NovoRapid; NovoLog Mix/NovoMix; Prandin/NovoNorm; NovoSeven; Norditropin, and Vagifem. As of December 31, 2016, it marketed its products in over 180 countries. Its regional structure consists of two commercial units: North America and International Operations. |
Financial Overview |
For the fiscal year ended 31 December 2023, Novo Nordisk A/S (ADR) revenues increased 31% to DKR232.26B. Net income increased 51% to DKR83.68B. Revenues reflect Diabetes and obesity segment increase of 38% to DKR215.1B, USA segment increase of 51% to DKR127.53B, EMEA segment increase of 15% to DKR50.87B, Rest of World segment increase of 11% to DKR28.08B. |