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Modern insulins boost YTD growth
August 4, 2011
By: Tim Wright
Editor-in-Chief, Contract Pharma
Novo Nordisk 1H11 1H Revenues: $6.1 billion (+9%) 1H Earnings: $1.6 billion (+19%) Comments: Insulin sales were up 10% to $2.6 billion, driven by NovoRapid ($1.2 billion +7%), Levemir ($701.9 million +11%) and Victoza ($452.9 million +253%). Biopharmaceutical sales were $1.5 billion, up 5%. NovoSeven were up 5% to $804.7 million.
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