Reducing Activities: company scaling back some business operations while continuing others

Stay Scaling Back

Novo Nordisk is a Danish pharmaceutical company.

 
 
 
 
 

Reducing Activities: company scaling back some business operations while continuing others

Stay Scaling Back
Revenue(RF), mln.USD
123
Assets(RF), mln.USD
153
Capital(RF), mln.USD
110
Glob.Revenue, mln.USD
33709
Staff(RF), 2021
635
Taxes(RF), mln.USD
16

Danish diabetes care giant Novo Nordisk has announced it is terminating supplies of its Ozempic (semaglutide) to Russia at the end of the current year.

The Company Statement
May 23, 2023

Suspend further marketing and clinical investment; pause new clinical trials and active enrollment but increased revenue in Russia in 2022 vs 2021. Danish diabetes care giant Novo Nordisk (NOV: N) has announced it is terminating supplies of its Ozempic (semaglutide) to Russia at the end of year 2024. Revenue decreased in 2024 vs 2023 by more than -10%.

Open the Statement
Statements Archive
January 14, 2026Novo Nordisk trying to stop exports of Russian generic of Ozempic
December 29, 2025Novo Nordisk Seeks to Block Russian Export of Ozempic Copycat
May 24, 2025Geropharm will be able to produce its analogues of Ozempic until the end of 2025
February 18, 2025The copycat brands that are replacing Ozempic in Russia
December 26, 2024Russians spent almost 6 billion rubles on generics of ozempic
November 19, 2024PSK Pharma received government permission to produce an analogue of Ozempic
December 15, 2023An analogue of Ozempic went on sale despite the patent
October 06, 2023The first analogue of a drug for glucose control has been registered in Russia
March 29, 2022https://www.novonordisk.com/news-and-media/critical-updates.html
March 29, 2022Novo Nordisk to stop supplies of diabetes drug Ozempic to Russia this year
Demand to Leave Russia:Petition text has been copied to the clipboard.
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