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Novo Nordisk

Novo Nordisk India execs urge early Wegovy launch as rival Eli Lilly looms

Novo and Lilly are both scaling up production as they vie for a dominant share of a weight-loss market that some analysts forecast could reach $150 billion a year in the next decade

Novo Nordisk India execs urge early Wegovy launch as rival Eli Lilly looms
Updated On : 03 Dec 2024 | 11:50 AM IST

Novo Nordisk expects high demand for obesity drugs in India: Country head

The company is still 'evaluating' the price of the drug, but is confident that the price-sensitive Indian population will be able to afford it, Novo's India Managing Director Vikrant Shrotriya said

Novo Nordisk expects high demand for obesity drugs in India: Country head
Updated On : 07 Nov 2024 | 7:20 AM IST

Novo Nordisk pares 2024 profit outlook amid competition from Eli Lilly

The Danish company lowered its forecast for operating profit growth this year to between 20% and 28% in local currencies, compared to its previous forecast of 22% to 30%

Novo Nordisk pares 2024 profit outlook amid competition from Eli Lilly
Updated On : 07 Aug 2024 | 2:53 PM IST

Novo Nordisk plans to introduce drug for sickle cell disease in 3-5 years

The company announced the plan to hire about 1,300 new employees by the end of 2026, as per the statement at a media briefing

Novo Nordisk plans to introduce drug for sickle cell disease in 3-5 years
Updated On : 06 Aug 2024 | 9:27 PM IST

New oral diabetes and obesity drug sale doubles in India amid demand surge

The sales of Novo Nordisk's Rybelsus tablet, used for diabetes treatment and weight reduction, more than doubled to Rs 363 crore this year from Rs 147 crore last year

New oral diabetes and obesity drug sale doubles in India amid demand surge
Updated On : 09 May 2024 | 10:30 AM IST

Novo Nordisk's major shareholder plans to invest about $35 bn by 2030

For Novo Holdings, which invests in life science companies and had assets of 108 billion euros ($115.86 billion) at end-2022, its recent investment in India was its largest in Asia to date

Novo Nordisk's major shareholder plans to invest about $35 bn by 2030
Updated On : 12 Feb 2024 | 8:57 PM IST

Novo invests in Manipal hospitals as it aims to expand Asia footprint

Novo Holdings' key markets in the region are India, South-East Asia and China, where it opened an office in Shanghai last year

Novo invests in Manipal hospitals as it aims to expand Asia footprint
Updated On : 06 Feb 2024 | 11:49 PM IST

Novo Nordisk buys three plants for $11 billion to boost Wegovy output

Novo's biggest shareholder is buying Catalent Inc., one of the world's biggest drug-manufacturing companies, for $16.5 billion, including debt. In a three-way arrangement

Novo Nordisk buys three plants for $11 billion to boost Wegovy output
Updated On : 06 Feb 2024 | 12:02 AM IST

Ozempic's massive bills: Weight loss drugs will be billed to US taxpayers

State and local governments across the US are grappling with a growing problem: Expensive drugs to treat diabetes and obesity are threatening to drain their health-care budgets

Ozempic's massive bills: Weight loss drugs will be billed to US taxpayers
Updated On : 06 Jan 2024 | 7:52 AM IST

IndiaMART working with Novo Nordisk to halt illegal Wegovy sales: Report

IndiaMART, one of India's top online marketplaces, allows dealers to sell on its website after a nominal background check and says it has minimal control over what is advertised and sold

IndiaMART working with Novo Nordisk to halt illegal Wegovy sales: Report
Updated On : 18 Dec 2023 | 8:30 AM IST

Novo Nordisk India head eyes 2026 Wegovy launch, warns against copycats

He urged patients not to buy copycat versions of Wegovy, warning they could be unsafe

Novo Nordisk India head eyes 2026 Wegovy launch, warns against copycats
Updated On : 29 Sep 2023 | 3:50 PM IST

Novo Nordisk India head eyes 2026 Wegovy launch, warns against copycats

Wegovy, a weekly injection, is the most effective treatment approved for weight-loss to date at a time when global obesity rates are at a record high

Novo Nordisk India head eyes 2026 Wegovy launch, warns against copycats
Updated On : 29 Sep 2023 | 12:28 PM IST

Novo Nordisk is Europe's most valuable firm after launching obesity drug

The company's share price closed up 0.7 per cent to DKK 1,311 ($190), giving the company a market capitalisation of $428 billion

Novo Nordisk is Europe's most valuable firm after launching obesity drug
Updated On : 05 Sep 2023 | 3:09 PM IST

Novo Nordisk under EU probe after reports of suicidal, self-harm thoughts

Another patient on Saxenda, Novo's earlier and less effective weight-loss drug that contains a different active ingredient, reported thoughts of self-injury, the agency said

Novo Nordisk under EU probe after reports of suicidal, self-harm thoughts
Updated On : 10 Jul 2023 | 11:22 PM IST

Eli Lilly's 'triple G' anti-obesity drug leads to 24% weight loss in trial

The pharma company published the results of phase two of the clinical trial of Retatrutide, showing impressive weight loss and regulation of blood sugar levels in undertrials

Eli Lilly's 'triple G' anti-obesity drug leads to 24% weight loss in trial
Updated On : 27 Jun 2023 | 10:52 AM IST

Novo Nordisk to double India manufacturing, bring new drugs by 2025

Plans to bring new drugs by 2025 into the country, which is part of all its global clinical trials

Novo Nordisk to double India manufacturing, bring new drugs by 2025
Updated On : 20 Jun 2023 | 8:02 PM IST

HCL Tech to provide global service desk, on-site support to Novo

IT services company HCL Technologies on Monday said it has been selected to provide global service desk and on-site support to global healthcare company Novo Nordisk

HCL Tech to provide global service desk, on-site support to Novo
Updated On : 28 Mar 2022 | 8:53 PM IST

Novo Nordisk appoints Vikrant Shrotriya as MD, Corp V-P for India business

He returns to India after 13 years with an overall career spanning over 20 years in the healthcare industry in India and internationally

Novo Nordisk appoints Vikrant Shrotriya as MD, Corp V-P for India business
Updated On : 02 Jan 2020 | 6:15 PM IST

Nordisk and Sanofi log double-digit revenue growth in insulin pens

Around 6.98 million insulin pens were sold; it was 6.97 mn in the year-before period

Nordisk and Sanofi log double-digit revenue growth in insulin pens
Updated On : 09 Oct 2019 | 11:12 PM IST

Resistant to strain

Novo Nordisk premium will survive drug wars

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Updated On : 05 Aug 2016 | 11:41 PM IST