
Novo-Nordisk A/S D
D
NVO
49.070
USD
-0.21
(-0.43%)
Market Closed
Volume
0
EPS
22
Div Yield
3.67
P/E
12
Market Cap
217,077,363,616







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Novo Nordisk Cuts 9,000 Jobs as Obesity Drug Battle Intensifies



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Europe’s Biggest Companies Fall Further Behind US Rivals
Title: Novo/Nordisk A/S
Sector: Healthcare
Industry: Drug Manufacturers - General
With roughly one-third of the global branded diabetes treatment market, Novo Nordisk is the leading provider of diabetes care products in the world. Based in Denmark, the company manufactures and markets a variety of human and modern insulins, injectable diabetes treatments such as GLP-1 therapy, oral antidiabetic agents, and obesity treatments. Novo also has a biopharmaceutical segment (contributing less than 10% of revenue) that specializes in protein therapies for hemophilia and other disorders.