News
5 Aug 2011
Novo Nordisk Reports Profit Increase in First Half
Danish drugmaker Novo Nordisk has posted its sales results for the first-half 2011 with strong performance of the diabetes therapy Victoza.
Danish insulin giant Novo Nordisk reported a 19% increase in pre-tax profit to DKK10.7bn (US$2.04bn) for the first half 2011.
Total sales increased by 9% to DKK31.7bn.
The world’s leading producer of insulin said all regions contributed to this sales growth, with the majority coming from Victoza (GLP-1 therapy for type 2 diabetes), up a whopping 253% to DKK2.38bn, and modern insulins, including NovoRapid, NovoMix and Levemir, up 8% to DKK13.7bn.
Human insulin sales fell by 10% to DKK5.3bn.
Lars Rebien S?rensen, president and chief executive, said he was satisfied with the results of the first six months
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