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Novo Nordisk

Novo Nordisk
Company nameNovo Nordisk A/S
Company typePublicly traded Aktieselskab (OMX - CSE1158NOVO B, Nyse - NVO)
IndustryPharmaceuticals, health care
Founded1923
HeadquartersBagsværd, Denmark
Key peopleSten Scheibye (Chairman), Lars Rebien Sørensen (President and CEO), Jesper Brandgaard (CFO)
ProductsActivella, Novolin,
Levemir, NovoSeven
RevenueDKK 60.78 billion (2010)
Operating incomeDKK 18.89 billion (2010)
Net incomeDKK 14.40 billion (2010)
Total assetsDKK 61.40 billion (end 2010)
Total equityDKK 36.97 billion (end 2010)
Employees30,480 (end 2010)

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Novo Nordisk manufactures and markets pharmaceutical products and services. Created in 1989 through a merger of two Danish companies dating back to the 1920s, it has become one of the world's leading companies in diabetes care, where Novo Nordisk pursues research into pulmonary delivery systems; other companies, such as Medtronic, have expanded into insulin pump systems. Novo Nordisk also commands large sectors of the markets in haemostasis management, growth hormone therapy and hormone replacement therapy.

With headquarters in Denmark, Novo Nordisk has international production facilities in seven countries, with affiliates or offices in 76 countries. Novo Nordisk employs approximately 29,000 people globally (as of Q4 2009), and markets its products in 179 countries.

Novo Nordisk is a full member of the European Federation of Pharmaceutical Industries and Associations (EFPIA).

Novo Nordisk has been ranked 25 among 100 Best companies to work for 2010 by Fortune.


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