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Novo Nordisk unveils strong financial results

Christian Wenande
October 29th, 2015


This article is more than 9 years old.

Operating profit soared by 51 percent to 38.3 billion kroner

The Novo Nordisk result was boosted by sales in China and North America (photo: Novo Nordisk)

The Danish pharmaceutical firm Novo Nordisk has revealed financial results showing an increased operating profit of 51 percent to 38.3 billion kroner for the first nine months of 2015.

The result was spearheaded by the sales performance of its products Victoza and Levemir, while have increased considerably in North America (33 percent) and China (26 percent.)

“We are satisfied with the results of the first nine months of 2015. Sales growth was primarily driven by Victoza aided by the high growth of the GLP-1 market,” said Lars Rebien Sørensen, the company’s CEO.

“In the third quarter, a significant milestone was achieved with the US FDA approval of Tresiba, and we look forward to launching Tresiba early 2016.”

READ MORE: Novo Nordisk insulin finally approved in the US

Holding firm
Despite the progress, Novo Nordisk revealed that the company decided against upgrading its expected financial results for the entire year due to currency issues.

The news comes about a month after the firm announced that the US health authority, the FDA, had approved two of its products – Tresiba and Ryzodeg – for the treatment of diabetes in the American market.


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A survey carried out by Megafon for TV2 has found that 71 percent of parents have handed over children to daycare in spite of them being sick.

Moreover, 21 percent of those surveyed admitted to medicating their kids with paracetamol, such as Panodil, before sending them to school.

The FOLA parents’ organisation is shocked by the findings.

“I think it is absolutely crazy. It simply cannot be that a child goes to school sick and plays with lots of other children. Then we are faced with the fact that they will infect the whole institution,” said FOLA chair Signe Nielsen.

Pill pushers
At the Børnehuset daycare institution in Silkeborg a meeting was called where parents were implored not to bring their sick children to school.

At Børnehuset there are fears that parents prefer to pack their kids off with a pill without informing teachers.

“We occasionally have children who that they have had a pill for breakfast,” said headteacher Susanne Bødker. “You might think that it is a Panodil more than a vitamin pill, if it is a child who has just been sick, for example.”

Parents sick and tired
Parents, when confronted, often cite pressure at work as a reason for not being able to stay at home with their children.

Many declare that they simply cannot take another day off, as they are afraid of being fired.

Allan Randrup Thomsen, a professor of virology at KU, has heavily criticised the parents’ actions, describing the current situation as a “vicious circle”.

“It promotes the spread of viruses, and it adds momentum to a cycle where parents are pressured by high levels of sick-leave. If they then choose to send the children to daycare while they are still recovering, they keep the epidemic going in daycares, and this in turn puts a greater burden on the parents.”