A: Novo Nordisk A/S (ADR), $47.94, symbol NVO on New York (Shares outstanding: 1.9 billion; Market cap: $89.3 billion; www.novonordisk.com), is a major producer of diabetes-care products, including insulin. Its key diabetes products include Victoza for Type 2 diabetes and long-acting insulin Tresiba.
The Denmark-based company also makes products for hormone replacement therapy and the treatment of blood coagulation disorders.
Novo Nordisk has a strong presence in the diabetes care market with a global market share of 28%. The company also has a strong presence in the total insulin market, with a 46% share of that market.
In the three months ended December 31, 2018, Novo’s revenue rose 6.2%, to 29.7 billion Danish kroner ($4.6 billion U.S.) from 28.0 billion ($4.3 billion U.S.) a year earlier. Earnings rose 3.0%, to 8.50 billion Danish kroner ($1.31 billion) from 8.25 billion ($1.27 billion). Sales of diabetes treatments rose, but costs also rose due to higher promotional expenses and severance costs.
Global competition in the diabetes market…
Privacy Policy and Terms of Use
The Successful Investor Inc. and its affiliate Successful Investor Wealth Management (referred to hereafter as TSI Network) know that you care how information about you is used and shared, and we appreciate your trust that we will do so carefully and sensibly. This notice describes our privacy policy. By visiting websites owned by or associated with TSI Network, you are accepting the practices described in this Privacy Policy.
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We do not collect or disclose personal information, except when it is provided to us voluntarily by the site/store visitor with their consent.
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What personal information do we collect?
The information we receive from customers helps us personalize and continually improve your online experience at TSI Network. TSI Network may collect personal information online for all legal purposes, which include, but are not limited to:
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Does TSI Network Use the Information It Receives?
"Contact Us" and Comment Features: TSI Network encourages visitors to its websites to contact us with questions and comments. Email addresses and other information of persons using these features may be collected in order to facilitate our responses to those inquiries.
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Changes to this Policy
This Policy is the sole authorized statement of TSI Network's practices with respect to the collection of personal information through TSI Network's websites and the subsequent use and disclosure of such information. Any summaries of this Policy generated by third party software or otherwise (for example, in connection with the "Platform for Privacy Preferences" or "P3P") shall have no legal effect, are in no way binding upon TSI Network, shall not be relied upon in substitute for this Policy, and neither supersede nor modify this Policy.
TSI Network may revise this Policy from time to time.
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