Novo Nordisk wins big on strong US dollar

The sharply rising US dollar exchange rate compared to the Danish krone is very lucrative for Danish firms. Novo Nordisk is the clear winner, but many other healthcare companies also stand to benefit.

Photo: Jacob Gronholt-Pedersen/REUTERS / X04292

by BENJAMIN WERNER CHRISTENSEN, translated by daniel pedersen

Danish business, with pharmaceutical flagship Novo Nordisk at the forefront, is winning big on a dramatic rise in the US dollar exchange rate.

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