If Novo Nordisk can't cure diabetes, someone else might – "that would be pretty embarrassing"

Novo Nordisk’s chief executive Lars Fruergaard Jørgensen acknowledges that stem cell therapies could end up eroding Novo Nordisk’s core business: Selling insulin.
Lars Fruergaard Jørgensen, CEO of Novo Nordisk | Photo: Pool/Reuters/Ritzau Scanpix
Lars Fruergaard Jørgensen, CEO of Novo Nordisk | Photo: Pool/Reuters/Ritzau Scanpix
By MarketWire, translated by Daniel Pedersen

Danish drugmaker Novo Nordisk has spent a quarter of a century – also one fourth of its existence – on researching the possibility of using stem cell therapies against diabetes.

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