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Novo Nordisk's CFO expects US growth boost this year

In spite of price pressure in the insulin business and increased US competition Novo Nordisk's CFO expects the company to grow its US business in 2021.

Novo Nordisk CFO Karsten Munk Knudsen | Photo: Novo Nordisk / PR
BY RITZAU FINANS, TRANSLATED BY NIELSINE NIELSEN

Novo Nordisk expects to turn its US growth up a notch, since the company is back to growing on this market after a stagnation and price pressure-riddled 2019.

Novo's total US sales rose 3 percent in local currency to DKK 57.8bn (USD 9.3bn) last year, and it will be even better this year.

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