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Novo Nordisk

Latest Headlines

Latest Headlines

Novo buys U.S. plant ditched by Olympus

Olympus Biologics' loss is Novo Nordisk's gain. This year, Japan-based Olympus gave up on producing regenerative products in the U.S. and put a "reduced" sale price on a plant in New Hampshire, which it said would close by August if it could not find a buyer. August rolled around and Sweden-based Novo swept in with a buy.

Massive Novo insulin plant aims to make more with less

About an hour and a half west of Copenhagen is a little coastal town, Kalundborg, with 16,000 inhabitants, a famous five-steepled church and a castle dating back to at least the 14th century. It also happens to be the home of the plant that produces half of the world's insulin, the key component to most diabetes treatments.

Novo cutting emissions while building capacity at massive Denmark plant

About an hour and a half west of Copenhagen is a little coastal town, Kalundborg, with 16,000 inhabitants, a famous five-steepled church and a castle dating back to at least the 14th century. It also happens to be the home of the plant that produces half of the world's insulin, the key component to most diabetes treatments.

Novo Nordisk accepts a $90K slap on the hand for delaying news of Tresiba setback

Danish financial regulators took a dim view of Novo Nordisk's decision to spend the weekend pondering the FDA's February 2013 snub to Tresiba before spreading the news of the agency's complete response letter and the major delay that would be triggered by its demand for a new study. And today Novo said it had decided to accept a $90,000 fine to close the books on the incident, not the least bit chastened at the slap on the hand.

Novo chief Sorensen preps for showdown as Lilly's dulaglutide nears diabetes market

The executive team here at the rapidly expanding headquarters of Novo Nordisk doesn't pull many punches. CEO Lars Rebien S ø rensen is a competitive sort who tends to be blunt, aggressive and forward-thinking; projecting a confident attitude that is reflected by the rest of the execs and right down the line to 40,000 rank-and-file employees around the world.

Novo shoots for 2016 Tresiba launch as Q2 results come in strong

Diabetes market giant Novo Nordisk surprised investors today with second-quarter earnings that came in above expectations, and the news that it plans to report critical clinical trial data on its long-acting insulin treatment, Tresiba, in mid-2015, setting the drug up for a 2016 approval by the FDA.

Novo picks up the pace with its next-gen insulin, eyeing a 2016 U.S. debut

Last year's surprising FDA rejection blew a hole in Novo Nordisk's plans to capitalize on a new long-acting insulin, but the Danish drugmaker said its follow-on study is coming through ahead of schedule, clearing the way for a 2016 launch.

Novo Nordisk more valuable than GlaxoSmithKline? That's what investors say

Who'd have thought Novo Nordisk could zoom past GlaxoSmithKline in the pharma market value rankings? Predictable or not, that's just what's happened. As Bloomberg reports, Novo shares are up 27% this year, pushing its market cap to $120 billion, several billions past Glaxo's.

Novo's blockbuster diabetes combo nears EU approval

A committee of European Medicines Agency advisers is recommending approval for Novo Nordisk's combination of a long-acting insulin and its blockbuster GLP-1 drug Victoza, setting the stage for a near-term approval of what's expected to be the diabetes giant's next big therapy.

Novo A/S-owned Xellia snaps up Fresenius vial plant to expand in U.S.

The deal gives Xellia capacity in North America for the first time, providing the company with a platform from which to realize the mid-term growth opportunities envisaged by Novo A/S when it bought the company.