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Novo Nordisk A/S (ADR) (N:NVO)

Business Focus: Pharmaceuticals

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.