Novo Nordisk staying the course

Pharmaceutical giant showing small but steady gains

Aug 7, 2014

Novo Nordisk finished this year’s second quarter better profit-wise than it had expected. The company finished with a before tax profit of close to 9 billion kroner, just a bit higher than the 8.9 billion kroner it had projected. The company’s pretax profits for the first half of 2014 stand at 17.3 billion kroner, compared to 16.5 billion kroner for the same period last year.

´The success of two products – Levemir and Victoza – was instrumental in driving growth during the first half of the year.

Faster launch
The company also said that the US launch of its product Tresiba is progressing faster than expected. Novo Nordisk had previously announced that Tresiba would not be ready to start the stateside approval process until mid-2015. It now says that Tresiba could be considered for approval as early as the first quarter of 2015.

READ MORE: Novo Nordisk stock shares plummet after FDA ruling

Novo Nordisk’s research and development sector has also shown positive growth in the first 6 months of the the year, posting a return of 6.2 billion kroner, nearly 900 million kroner more than in the first half of 2013.

The company said that it expects its numbers to remain steady for the rest of 2014.

Condoms are “boring” and “difficult”, so Danish youth choose to have sex without them

A new study by the World Health Organization WHO shows an “alarming decline” in the use of condoms by European teenagers. This also applies in Denmark.
Diversifying the Nordics: How a Nigerian economist became a beacon for inclusivity in Scandinavia

Chisom Udeze, the founder of Diversify – a global organization that works at the intersection of inclusion, democracy, freedom, climate sustainability, justice, and belonging – shares how struggling to find a community in Norway motivated her to build a Nordic-wide professional network. We also hear from Dr. Poornima Luthra, Associate Professor at CBS, about how to address bias in the workplace.
New Lolland rewilding project is “win all round” says farmland owner

A protected nature area will be established in South Lolland, equivalent to around 60 football pitches, near the vast new Femern Belt Link tunnel project. The park will be a rewilding project on agricultural land – a form of land transition that the Danish government has recently begun incentivising as part of its progressive new green tax agreement.
How to easily get your child into a snowsuit – without blood, sweat and tears

As we find ourselves in early September, it may still be hard to imagine colder days ahead. But in the Nordics, winter is never too far away. So let’s take a step ahead and talk about a Danish winter essential for your little one – the snowsuit.
Intro week is not easy for introverts

Pub-crawls, clubbing and icebreakers planned by extroverted senior students for new first-year students can be fun for extroverts, but too much for introverts who feel pressured to participate.
Indian summer hits Denmark for a while

Although the light already disappears after 8 PM, summer rests upon Denmark. This applies especially in the capital area, where the next few days offer sunshine and 25 degrees

Connect Club is your gateway to a vibrant programme of events and an international community in Denmark.

13 Sep: Social Beer Walk – A guided tour of Copenhagen harbour

Career

Diversifying the Nordics: How a Nigerian economist became a beacon for inclusivity in Scandinavia

Chisom Udeze, the founder of Diversify – a global organization that works at the intersection of inclusion, democracy, freedom, climate sustainability, justice, and belonging – shares how struggling to find a community in Norway motivated her to build a Nordic-wide professional network. We also hear from Dr. Poornima Luthra, Associate Professor at CBS, about how to address bias in the workplace.
Lolland Municipality launches support package for accompanying spouses

Lolland Municipality, home to Denmark’s largest infrastructure project – the Fehmarnbelt tunnel connection to Germany – has launched a new jobseeker support package for the accompanying partners of international employees in the area. The job-to-partner package offers free tailored sessions on finding a job and starting a personal business.
This rooftop ‘Scandarabian’ restaurant is helping international jobseekers to upskill for the Danish market

The social enterprise and rooftop restaurant Do More focuses especially on helping long-term unemployed citizens who struggle to enter the Danish labor market due to a lack of experience from their home country, language barriers, and other factors.

Want to advertise your job with CPH Post?

Jobs