Ozempic maker Novo Nordisk has Denmark’s economy hooked

The Danish economy has reaped huge benefits from Novo’s success, but national dependence on Novo may pose a long-term risk, experts say.

A view shows an insulin production line at Novo Nordisks plant in Kalundborg. | Photo: Fabian Bimmer/Reuters/Ritzau Scanpix

By Sanne Wass and Naomi Kresge, Bloomberg

There is no escaping Ozempic and Wegovy. The diabetes and obesity drugs are a global phenomenon. They’ve won over the rich and famous, generated billions in sales and blown open a new market for weight loss drugs, which Goldman Sachs estimates will reach USD100bn a year by 2030.

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