Novo Nordisk is a Danish company headquartered in Bagsvaerd, focused on diabetes, obesity, endocrinology and rare diseases, and a cornerstone of the Danish economy. Its GLP-1 medicines Ozempic and Wegovy reshaped the treatment of diabetes and obesity.
Facing intense competition from Eli Lilly, Novo Nordisk announced around 9,000 job cuts in 2025 under a new chief executive as part of a major restructuring.