Tag Archive for: Denmark

Novo Nordisk on Friday announced that it is investing more than $6 billion to boost manufacturing capacity in its home country of Denmark to meet current and future demand for products targeting serious chronic diseases.

Denmark should stop subsidizing the use of Ozempic and other so-called GLP-1 drugs for patients suffering from type 2 diabetes, and instead pay for cheaper drugs as a preferred first option, a public commission said in a recommendation issued on Tuesday.

Novo Nordisk’s launch of obesity drug Wegovy in most of Europe will be slower than planned and the drug will likely not be sold in developing nations for a very long time, executives said on Tuesday, as demand booms in the United States.

Denmark’s largest private health insurer Sygeforsikring Danmark, which insures roughly half the country’s population, will stop reimbursing weight loss medication from January next year due to high demand, it said on Friday.

The investment would add capacity in research and development for manufacturing of active pharmaceutical ingredients (API), the main biologically active components of medicines, to supply its global clinical trials.

The recreational use of nitrous oxide, also known as “laughing gas”, is on the rise in Europe among young people, producing worrying numbers of poisonings, the European Union drugs monitoring agency EMCDDA said in a study.