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Sales of Ozempic were up 31% year over year, coming in at $4.2 billion, or over half of the $7.4 billion of total diabetes care sales. Wegovy sales, meanwhile, were up 55%, coming in at $1.7 ...
Novo traded 4% lower on the news Friday. Diabetes drug Ozempic and weight-loss drug Wegovy top the list, along with a number of others like Merck's ( MRK ) diabetes drug Janumet. Here's the full list:
The following table lists the largest biotechnology and pharmaceutical companies ranked by revenue in billion USD. The change column indicates the company's relative position in this list compared to its relative position in the preceding year; i.e., an increase would be moving closer to rank 1 and vice versa.
Novo Holdings A/S (formerly Novo A/S) [1] is the Novo Nordisk Foundation's wholly owned holding company for Novo Nordisk A/S and Novozymes A/S. Novo Holdings A/S was established in 1999 and manages the Novo Nordisk Foundation 's assets, which in 2023 was worth almost DKK 1,114 billion [ 2 ] [ 3 ] [ 4 ] Danish Kroner (approximately US$163 billion).
In the first quarter, Ozempic's revenue came in at 27.8 billion Danish kroner ($4.1 billion), an increase of 42% year over year. Wegovy's revenue of 9.4 billion DKK ($1.3 billion) soared by 106% ...
Novo Nordisk is the largest pharmaceutical company in Denmark. [14] Novo Nordisk's market capitalization exceeded the GDP of Denmark's domestic economy in 2023, and it is the highest valued company in Europe. [15] Revenue in 2023 was 33.724 billion USD.
Novo Nordisk's growth rate could be much more modest Novo Nordisk's sales through the first three months of 2024 totaled 65.3 billion Danish krone ($9.8 billion) and rose 22% year over year.
Total revenue was down 3% on a year-over-year basis in the quarter. ZoomInfo ended the quarter with 1,809 customers generating $100,000 or more in annual contract value, marking an increase of 12 ...