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Companies · NVO

NVO Reported this cycle

Novo Nordisk

Bagsværd Founded 1923 Biotech & Pharma

AI-generated · informational only · not investment advice · verify before relying.

Latest analysis

Updated Aug 10, 2026

Novo Nordisk 100th Anniversary share vesting notices for 11 executives and board members on August 5, 2026

Novo Nordisk disclosed routine share vesting under its Restricted Shares programme tied to its 100th anniversary. Each of 11 executives and board members—including CEO Maziar Mike Doustdar, CFO Karsten Munk Knudsen, and CSO Martin Holst Lange—vested 74 shares at DKK 294.30 per share on August 5, 2026. The filing contains only equity transaction notices and standard company boilerplate; it does not disclose operational results, clinical developments, financial guidance, or business-relevant events.

Tone: neutral

Revenue

DKK 309.1B

NVO 20-F · FY 2025 · DKK

Employees

69,500

Revenue FY2024

DKK 290.4B

Founded

1923

Profile

NVO 20-F Item 4.B · Feb 4, 2026

Novo Nordisk is a global pharmaceutical company headquartered in Denmark, specializing in obesity and diabetes care as well as rare diseases. The company manufactures and markets GLP-1 receptor agonists, modern and human insulins, blood-clotting factors, and growth hormone therapies. It operates in approximately 170 countries with more than 69,500 employees.

Read filing description ↓

Novo Nordisk is a global healthcare company and a world leader in Obesity and Diabetes care. The Company manufactures and markets pharmaceutical products and services that make a significant difference to patients, the medical profession and society. Headquartered in Denmark, Novo Nordisk employs more than 69,500 employees in around 80 countries, and markets its products in approximately 170 countries. The Company has a broad product portfolio across Obesity and Diabetes care and Rare disease, including a portfolio of glucagon-like-peptide-1 (GLP-1) receptor agonists for the treatment of obesity and diabetes, and modern and human insulins for the treatment of diabetes. During 2025, there has been continued growth across all therapy areas and in many of the geographic areas in which Novo Nordisk operates. However, due to increased competition in both US and ex-US markets, Novo Nordisk has lost volume market share in the GLP-1 market places for both obesity and diabetes. The Company markets three drugs - Saxenda® and Wegovy®, which is offered in injectable formats and Wegovy® Pill that has recently launched in the first quarter of 2026 - for the treatment of obesity. Novo Nordisk also has a Rare disease portfolio consisting mainly of growth hormone and haemophilia products. On 10 September 2025, Novo Nordisk initiated a company-wide transformation to simplify its organisation, improve the speed of decision-making, and reallocate resources towards the company's growth opportunities in obesity and diabetes, resulting in approximately 9,000 employees being let go globally.

Primary products

  • Ozempic®
  • Wegovy®
  • Rybelsus®
  • Saxenda®
  • Victoza®
  • Awiqli®

Business segments

Obesity and Diabetes care Rare disease

End markets

Obesity Diabetes Haemophilia Rare blood disorders Growth disorders Cardiovascular diseases MASH

Geographies

US Operations EUCAN Emerging Markets APAC Region China

Named competitors

Eli Lilly Teva Hikma Pharmaceuticals PLC Alvogen Inc. Rio Biopharmaceuticals Inc. Sun Pharmaceutical Industries Limited Dr. Reddy's Laboratories, Ltd. Mylan Pharmaceuticals Inc.
“In the global diabetes market, Novo Nordisk and Eli Lilly are the most significant companies measured by market share.” Competitive position, as stated in the filing

Revenue commentary · FY 2025

Reported in DKK. Full consolidated income statement financials are incorporated by reference from the Annual Report 2025 and not reproduced in the extracted filing sections; total revenue figures are not determinable from the provided text.

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Analysis, signals, diligence answers, M&A activity and every quote, each citing the filing it came from.

SeventhBiz analysis 6 signals 12 diligence answers 1 M&A transactions SWOT