Danish pharma giant Novo Nordisk makes both Ozempic and Wegovy.
The novel drugs are also boosting pharma stocks — and Denmark's economy.
Advertisement"The pharmaceutical industry has been the main driving force in the Danish economy in both the fourth quarter and for the whole of 2023," the agency said.
Genmab, Zealand Pharma, and H. Lundbeck are among the other big Danish pharma firms.
AdvertisementSuch businesses were a rare bright spot for Denmark's economy last year because they invested in infrastructure, created jobs, and boosted manufacturing, according to Danske Bank's chief economist Las Olsen.
Persons:
—, it's, Las Olsen, Olsen
Organizations:
Danish pharma, Novo Nordisk, Service, Nordisk, Zealand Pharma
Locations:
Denmark, Danish, Copenhagen