Non-insulins lift Novo Nordisk

Country

Denmark

Novo Nordisk A/S reported a 4% rise in net sales to DKK 126.9 billion (€17.06 billion) in 2020 as demand for its glucagon-like peptide-1 (GLP-1) drugs for diabetes accelerated while sales of traditional insulins declined. Operating profit was DKK 54 billion, up by 3%, giving an operating margin of 42.6%, one of the highest in the industry.