For the nRF5340 SoC Nordic offers the nRF Connect SDK, a complete software development kit with samples, protocol stacks, libraries and hardware drivers. 1,579 Medication Delivery Driver jobs available on Indeed.com. Apply to Delivery Driver, Medication Technician, Advanced Practice Registered Nurse and more! Through the INNOVO open innovation platform, Novo Nordisk is working with the most dynamic local innovation drivers to accelerate the transformation of scientific research into new drugs. As of October 2020, Novo Nordisk had completed five collaborative projects, has eight more underway, and another six in negotiations.
Bagsværd, Denmark, 20 November 2019- Novo Nordisk is today hosting a Capital Markets Day where the company is introducing its strategic aspirations.
Based on the latest financial guidance provided in connection with the financial report for the first nine months of 2019, Novo Nordisk is on track to meet its current long-term financial targets comprising average operating profit growth of 5%, cash-to-earnings of 85% (3-year average) and operating profit after tax over net operating assets (OPAT/NOA) of 80%.
To reflect the broad growth aspects of Novo Nordisk across therapy areas and geographies, the current approach to long-term financial targets focusing on specific financial aspects is no longer sufficiently describing Novo Nordisk’s future growth outlook. Consequently, Novo Nordisk is replacing the current long-term financial targets structure with a more comprehensive approach describing the future growth aspirations of the company under the headline: strategic aspirations for 2025.
The strategic aspirations reflecting the sustained growth opportunities until 2025 are intended to cover future growth drivers of Novo Nordisk and thereby providing investors with an understanding of Novo Nordisk’s growth and investment opportunities across therapy areas and geographies.
The strategic aspirations are based on four dimensions:
Purpose and sustainability: Novo Nordisk is a company with a clear purpose and with the aspiration to be respected for adding value to society.
Innovation: Novo Nordisk has a clear therapeutic focus and aspiration to bring innovative treatment to people with serious chronic diseases.
Commercial execution: Novo Nordisk sees solid growth opportunities across therapeutic areas and geographies with its broad product portfolio and market-fit approach.
Financial outlook: Novo Nordisk is driving operational efficiencies and expects solid sales and operating profit growth leading to attractive capital allocation to shareholders.
Throughout today’s presentations, Novo Nordisk is presenting the strategic aspirations for the four dimensions, which reflect the aspirations across therapy areas and commercial units. During the day, based on the Novo Nordisk corporate strategy, senior management presentations are covering the therapeutic areas: Diabetes, Obesity, Biopharm and Other serious chronic diseases as well as all commercial regions including North America Operations and the five regions in International Operations. In addition, Novo Nordisk’s approaches to innovation, product supply and financials are presented.
“Novo Nordisk is on track to meet its current long-term financial targets, and we have therefore decided to introduce our new strategic aspirations covering the future growth opportunities,” said Lars Fruergaard Jørgensen, CEO of Novo Nordisk. “We believe the future growth opportunities for Novo Nordisk are very promising and with the introduction of the strategic aspirations, we are now providing a more comprehensive approach to describe our growth drivers.”
All main sessions of the Capital Markets Day 2019 are webcast live, and a replay will be made available on the investor section of novonordisk.com. Presentation material for the Capital Markets Day 2019 will be also available throughout the day on the investor section of novonordisk.com.
Further information
| Media: | ||
| Mette Kruse Danielsen | +45 4442 3883 | mkd@novonordisk.com |
| Ken Inchausti (US) | +1 609 240 9429 | kiau@novonordisk.com |
| Investors: | ||
| Peter Hugreffe Ankersen | +45 3075 9085 | phak@novonordisk.com |
| Valdemar Borum Svarrer | +45 3079 0301 | jvls@novonordisk.com |
| Ann Søndermølle Rendbæk | +45 3075 2253 | arnd@novonordisk.com |
| Mark Joseph Root | +45 3079 4211 | mjhr@novonordisk.com |
| Kristoffer Due Berg (US) | +1 609 235 2989 | krdb@novonordisk.com |
Company announcement No 70 / 2019
Attachment
Denmark's biopharmaceutical company Novo Nordisk announced on Thursday an expansion of its 'China Essentials' plan to version 2.0 during the third China International Import Expo.
The company announced in April the launch of the China Essentials program — the guidelines to integrate China into Novo Nordisk's global clinical development program and achieve simultaneous submission for global new drug applications.
Drivers Nordisk Patient Assistance Program
China Essentials 2.0 builds upon the plan to integrate China into their global clinical R&D program that was central to version 1.0, with a further commitment to working with China's pharmaceutical innovation drivers to both improve local innovation and R&D capabilities, and improve the ability of local companies to transform research into results.
Novo Nordisk aims to support China's rising presence at the frontline of global pharmaceutical innovation, according the company.
Zhang Kezhou, corporate vice-president of the company's China arm, said two of the innovative medicines Novo Nordisk debuted at this year's CIIE were part of this program and have already submitted new drug applications in China. They are the new weekly GLP-1 injection semaglutide (Ozempic), and Xultophy, which combines the world's first long-acting basal insulin and GLP-1 receptor agonist liraglutide.
This program has also led to many new partnerships, and as of October this year, Novo Nordisk has established collaborations with 18 different departments across 15 hospitals, Zhang said.
Inspired by China's recent healthcare reforms aimed at encouraging innovation and growth, Novo Nordisk has decided to further advance their innovation strategy.
The company will accelerate the launch of many innovative drugs into China by 2025. In addition to diabetes, drugs to introduce will cover more disease areas, including obesity, hemophilia, and other chronic diseases.
By 2021, Novo Nordisk will establish comprehensive strategic partnerships with 20 hospitals across the country to build up clinical trials bases. At the same time, they will expand their diabetes and hemophilia research funds, and continue to create a high-end international academic communication platform through the Novo Nordisk's Young Scientific Talent Development Program.
Through the INNOVO open innovation platform, Novo Nordisk is working with the most dynamic local innovation drivers to accelerate the transformation of scientific research into new drugs. As of October 2020, Novo Nordisk had completed five collaborative projects, has eight more underway, and another six in negotiations. These projects focus on diabetes, obesity and other chronic diseases, and explore new technologies, such as AI-assisted research.
Drivers Nordisk Stock
The company also is leveraging cutting-edge technologies to explore digital R&D, with plans for long-term cooperation on big data AI solutions with Peking University's School of Public Health Department of Biostatistics and Beijing International Center for Mathematical Research.
'I am very proud of the results we have seen from the China Essentials program, and I am excited to continue upgrading this program,' said Mads Krogsgaard Thomsen, executive vice-president and chief science officer for Novo Nordisk.
'China has become one of the world's pharmaceutical innovation centers. Novo Nordisk will further strengthen cooperation with local innovators and universities in China, and is committed to becoming the preferred partner in China's pharmaceutical innovation ecosystem. We are helping to build China's pharmaceutical innovation ecosystem so we can further explore and develop innovative drugs for diabetes and other serious chronic diseases.'
Christine Zhou, senior vice-president and president of Novo Nordisk China, said, 'This year is Novo Nordisk's 26th year in China, and we have announced new measures to fulfill our China commitment at this year's CIIE, including the upgrade to China Essentials Version 2.0 we are rolling out.
'China is one of Novo Nordisk's most important markets, and we will continue to develop in China to serve more Chinese people with diabetes, and through China Essentials 2.0, help bring Chinese innovation to the world.'
Source: China Daily
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