Novo Nordisk A/S is a Danish multinational pharmaceutical business located in Bagsvaerd. It has manufacturing sites in nine countries and affiliates or offices in five. Novo Nordisk is owned by dominant shareholder Novo Holdings A/S, which owns approximately 28% of the company’s shares and 77% of its voting shares.
What is Novo Nordisk famous for:
Novo Nordisk develops and promotes pharmaceutical products and services, mostly diabetic drugs and devices. Its principal product is semaglutide, which is used to treat diabetes and obesity under the trade names Ozempic and Wegovy, respectively.
ALSO READ: Dr. Priya Jain : About Study and Experience
Novo Nordisk also specialises in hemostasis control, growth hormone therapy, and hormonal replacement therapy. Levemir, Tresiba, NovoLog, Novolin R, NovoSeven, NovoEight, and Victoza are some of the drugs manufactured by the firm. Novo Nordisk employs about 48,000 people worldwide and markets its products in 168 countries.The corporation was formed in 1989 by the amalgamation of two Danish companies dating back to the 1920s. The Novo Nordisk logo depicts the Apis bull, one of ancient Egypt’s sacred animals. Novo Nordisk is a full member of the European Federation of Pharmaceutical Industries and Associations (EFPIA).
Ranking of Nordisk in the world
Fortune placed the company 25th among the 100 Best Companies to Work For in 2010, and 72nd in 2014.[9] In January 2012, the business magazine Corporate Knights ranked Novo Nordisk the most sustainable firm in the world, with spin-off Novozymes coming in fourth.[10] Novo Nordisk is Denmark’s largest pharmaceutical firm.[11] In 2023, Novo Nordisk’s market capitalization exceeded Denmark’s GDP, making it Europe’s most valuable pharmaceutical business.
ALSO READ: Exploring the Ancient Healing Art Of Panchakarma: A Holistic Approach To Wellness
Competitor comparison of Nordisk in the world
Johnson & Johnson
| Headquarters | United States of America |
| No. of employees | 152,700 |
| Revenue | $85.2B |
| Entity type | Public |
F. Hoffmann-La Roche Ltd
| Headquarters | Switzerland |
| No. of employees | 103,605 |
| Revenue | $65.4B |
| Entity type | Public |
Merck & Co Inc
| Headquarters | United States of America |
| No. of employees | 69,000 |
| Revenue | $60.1B |
| Entity type | Public |
Pfizer Inc
| Headquarters | United States of America |
| No. of employees | 83,000 |
| Revenue | $58.5B |
| Entity type | Public |
ALSO READ: Exploring The Ancient Healing Practice Of Nasyam: Benefits, Procedures, And Modern Applications
Click here, to check out HNN’s latest post.
Source: Google, wikipedia
