- CEO
- Maziar Mike Doustdar
- Full Time Employees
- 77,406
- Sector
- Healthcare
- Industry
- Biotechnology
- Address
- Novo Allé 1 Bagsvaerd Denmark 2880
- IPO Date
- May 7, 2010
- Business
- Novo Nordisk A/S is a leading global healthcare company focused on discovering, developing, manufacturing and marketing pharmaceutical products for serious chronic diseases, including diabetes, obesity, rare blood and endocrine disorders, haemophilia and growth hormone therapy. Founded in 1923 through predecessor companies and formally established in 1989 via the merger of Novo Terapeutisk Laboratorium and Nordisk Insulinlaboratorium, the company is headquartered in Bagsværd, Denmark, with production facilities in nine countries and operations in 168 markets worldwide. Its core products encompass GLP-1 receptor agonists such as semaglutide branded as Ozempic and Rybelsus for type 2 diabetes, Wegovy for obesity and chronic weight management; insulin analogues including NovoLog/NovoRapid, Tresiba, Levemir, Fiasp and human insulins like Novolin R; haemophilia treatments such as NovoSeven and NovoEight; growth hormone therapies; hormone replacement products; and delivery systems like insulin pens, smart pens, needles and digital apps; alongside rare disease therapies for blood and endocrine conditions. Novo Nordisk maintains majority control through Novo Holdings A/S and employs over 76,000 people globally, targeting patients with type 1 and type 2 diabetes, obesity, cardiovascular risks and rare disorders. Recent developments include the February 2024 acquisition by parent Novo Holdings of Catalent for $16.5 billion, with Novo Nordisk purchasing three manufacturing sites for $11 billion to expand capacity for Wegovy and Ozempic; a planned $4.1 billion semaglutide production facility in Clayton, North Carolina, announced in June 2024; a DKK 8.5 billion investment in a new rare disease facility in Odense, Denmark, in December 2024; FDA filing in November 2025 for a higher 7.2 mg Wegovy dose under expedited review following strong STEP UP trial results; a July 2025 collaboration with WeightWatchers and launch of NovoCare Pharmacy offering Wegovy at $499 monthly; phase 2 success for amycretin in type 2 diabetes weight loss; the October 2025 acquisition of Akero Therapeutics for $5.2 billion to enter metabolic dysfunction-associated steatohepatitis treatment; and a September 2025 announcement of 9,000 workforce reductions representing 9% of staff, alongside naming Maziar Mike Doustdar as CEO effective August 2025.