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International Business Times

Business

Camille BAS-WOHLERT

Weight-loss Drug Maker Novo Nordisk's Profit Surges As Sales Boom

Novo Nordisk diabetes Obesity Denmark Economy Europe Danske Bank United States

Pharma group Novo Nordisk has become a key driver of the Danish economy (Credit: AFP)

Danish pharmaceutical giant Novo Nordisk posted bumper profits for 2023 on Wednesday, driven by blockbuster sales of diabetes and obesity treatments that helped it become Europe's most valuable company.

The century-old company has also turned into a major driver of Denmark's economy as sales of diabeties medication Ozempic and obesity drug Wegovy have boomed.

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