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Novo Nordisk receives U.S. subpoena related to Danish factory

2014-10-25 06:30:41| Biotech - Topix.net

Denmark's Novo Nordisk, the world's biggest maker of insulin, has received a U.S. subpoena requesting documents relating to potential manufacturing issues at its Kalundborg plant in Denmark, the company said on Friday. The Kalundborg factory 100 km west of Copenhagen is the world's biggest insulin production site, making half the world's supply.

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Novo Nordisk's next big idea: a once-weekly insulin shot

2014-10-02 10:24:49| Biotech - Topix.net

Denmark's Novo Nordisk, the world's largest insulin maker, is betting on a new way to stay ahead in the $40 billion-plus diabetes market by trying to develop the world's first once-weekly insulin injection. It is an ambitious and risky project, with research still at an early stage, but Chief Science Officer Mads Krogsgaard Thomsen thinks the super long-acting insulin, known as LAI287, could be a boon for people wanting to minimize use of needles.

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Novo Banco names new chief executive

2014-09-14 22:20:21| BBC News | Business | UK Edition

Novo Banco, the "good bank" created from troubled Portuguese lender Banco Espirito Santo (BES) names Eduardo Stock da Cunha its new chief executive.

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FDA panel backs Novo Nordisk injection for obesity

2014-09-12 00:55:12| Biotech - Topix.net

Federal health experts say Novo Nordisk's diabetes drug Victoza should be approved for a new use in treating obesity. The panel of Food and Drug Administration advisers voted 14-1 that the injectable drug's benefits outweigh its risks for patients who are obese or dangerously overweight.

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Novo Nordisk drops inflammatory disorder business, incurs cost

2014-09-02 11:46:43| Biotech - Topix.net

Danish pharmaceutical company Novo Nordisk said on Tuesday it has decided to stop its activities within inflammatory disorders and only focus on the treatment and prevention of diabetes and obesity.

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