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Novo ) manufactures and markets pharmaceutical products and services. Founded in Denmark in 1923, the company has since become a world leader in diabetes care with the broadest diabetes product portfolio in the industry, including the most advanced products within the area of insulin delivery systems. In addition, Novo Nordisk has a leading position in areas such as haemostasis management, growth hormone therapy and hormone replacement therapy.

With headquarters in Denmark, Novo Nordisk has production facilities in six countries, with affiliates or offices in 68 countries. Novo Nordisk employs 18,756 people globally (Dec 2003) and had a turnover of 26,541 million Danish kroner in 2003.

Novo Nordisk was created in 1989 through a merger between two Danish companies – Novo Industri A1941 Novo launches its first enzyme, trypsin, extracted from the pancreas of animals and used for bating leather before tanning.1947 Penicillin Novo is launched – Novo’s first product to be manufactured through fermentation.1973 Nordisk Gentofte markets Nanormon® growth hormone for the treatment of growth hormone insufficiency. The growth hormone is extracted from human pituitary glands.1977 Trisequens® – sequential combined oral hormone replacement therapy (HRT) for peri-menopausal women – is marketed.1982 Human Monocomponent insulin is launched – the world’s first insulin preparation identical to human insulin. It is extracted from the pancreas of pigs and converted to human insulin.1985 NovoPen® – an injection system similar in appearance to a fountain pen, with replaceable insulin cartridges – is launched.1994 Novo Nordisk is the first company in Denmark – and one of the first in the world – to publish an environmental report.1996 NovoSeven® – for the treatment of haemophilia patients with inhibitor reaction – is launched.Prandin®, a new oral treatment for type 2 diabetes, is launched in the US and a number of European countries.1998 Activelle® – the first low-dose continuous combined oral HRT for post-menopausal women – is introduced.1999 Innovo®, the world’s first insulin doser with a built-in electronic memory, is launched in Europe.1999 Norditropin® SimpleXx® – the world’s first liquid growth hormone in a dedicated pen system – is launched.2000 Novofem®, a low-dose sequential combined oral HRT, is marketed in Germany. Two years later it is launched in several other European countries.2000 Novo Nordisk is split into three separate companies operating under the umbrella of the Novo Group: Novo Nordisk A2001 InnoLet® – the first insulin delivery system specially designed to suit the needs of insulin users with poor eyesight and reduced dexterity – is launched.2001 InDuo® – the world’s first combined blood glucose monitor and insulin injection system – is introduced.2001 NovoRapid® FlexPen® and Insulatard® (NPH) FlexPen® are marketed. FlexPen® is a new prefilled pen, designed to be easy and discreet to use.2001 Novo Nordisk acquires the controlling interest in the Brazilian pharmaceutical company Biobrás.2002 NovoMix® 30 FlexPen® and NovoMix® Penfill® are introduced. NovoMix® 30 is a dual-release insulin analogue.