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File image of Ozempic semaglutide injection pens and box. Alamy Stock Photo

Profits at Europe's most valuable company jump by 21% amid 'soaring' demand for Ozempic

Ozempic is an injectable anti-diabetic treatment that became wildly popular on social networks for its slimming properties.

DANISH DRUGMAKER NOVO Nordisk, maker of the diabetes and weight-loss treatments Ozempic and Wegovy, today said its net profit jumped by 21% last year to 100 billion Danish kroner (€13.4 billion).

Europe’s most valuable company said its sales rose 25% to 290.4 billion Danish kroner (€38.9b), propelled by its popular injections.

“We are pleased with the performance in 2024,” chief executive Lars Fruergaard Jorgensen said in a statement, adding that “more than 45 million people are now benefiting from our treatments”.

Ozempic, which accounts for 4% of the company’s sales, is an injectable anti-diabetic treatment that became wildly popular on social networks for its slimming properties.

In the company’s annual report, Novo Nordisk remarked that demand for Ozempic “soared” throughout last year.

The annual report stated that Novo Nordisk would continue to invest heavily in expanding production capacity for Ozempic in order to “stabilise supply and ensure that Ozempic remains accessible to the growing number of patients who have already initiated treatment”.

Novo Nordisk meanwhile launched the anti-obesity drug Wegovy in the United States in 2021 and it is now available in more than 15 markets globally.

The company said the popularity of Wegovy is “driven by the rising global prevalence of obesity – which has more than tripled over the past 50 years – and a broader shift in the perception of treatment”.

“Once considered a lifestyle issue, obesity is now widely recognised as a serious chronic disease that requires medical intervention,” said Novo Nordisk.

It added that a “proportion of Wegovy volumes is being allocated in every launch market for people with a high medical need and low socioeconomic status”.

Novo Nordisk also states that the company’s “strategic aspiration remains to build a portfolio of superior treatment options in obesity and focus on efficacy, safety and scalability” and that “meeting unmet needs in obesity is a critical focus area”.

-With additional reporting from © AFP 2025 

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35 Comments
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    Mute Dearbhla Russell
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    Aug 8th 2017, 1:33 PM

    Poor girl. If this is true the sentence will be minimal…to add to her distress.
    Worrying trend of assaults lately. And punishments are silly.
    I hope she will be ok.

    163
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    Mute Nameless
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    Aug 8th 2017, 2:15 PM

    Totally unrelated to this story,but how come on Facebook the journal post the story of the chap stabbed to death & anyone can comment on it but nobody can comment here.
    Regardless of the fact Facebook may have different rules.The main reason i see comments not allowed on the journal is for legal reasons,then why bother to post them on Facebook if it has legal ramifications ? surely the eyes of the law don’t care if its the comment section on the journal or Facebook.

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    Mute Warthog
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    Aug 8th 2017, 3:01 PM

    Young as 10 are allowed out of the premises unsupervised. Toilets are unsupervised where a lot off the action takes place. OK I could go on. But my heart goes out to that poor girl and her family. They will get the toerags who have done but that won’t alleviate the pain for this young girl

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    Mute Warthog
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    Aug 8th 2017, 3:02 PM

    @Warthog: How do I know this? Firstly I have a 12 yr old daughter. Secondly i have direct information from othet students, guards and bouncers. Parents are failing on their duty og care by letting their children go to these money grabbing very poorly supervised events. People should be arrested. We have a youth club underage disco where we have parents montitoring everything. Parents have to collect their children. While at the disco they are not allowed out the door unless a parent is their to collect them or they are with one of the supervising parents.

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    Mute Warthog
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    Aug 8th 2017, 3:13 PM

    @Warthog: Messed up on the word count and lost first part of my first message… Young as 10…
    Was saying before that is that these underage discos are “sex events “. Alcohol, some drugs are taken before the discos. Girls go commando. Slut runs of different varieties are normal as is the swooping of different bodily fluids. The supervision is non existent. These events need to be stopped or come under a whole new set of “care” rules. All these places want Is cash as they dont give a damn aboutvthe kids.

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    Mute Grotmaster
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    Aug 8th 2017, 4:25 PM

    @Warthog: WTF is a “slut run?”

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    Mute Nick McCarthy
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    Aug 8th 2017, 5:28 PM

    @Warthog: Ah yes I remember being 10 years old during summer time: video games, bit of soccer, riding our BMXs round the neighbourhood, and when we were too tuckered out from all that we’d snort a few lines bought with saved up pocket-money and get in the finger-bang queue down the local sex event

    Sure a bit of hyperbole never hurt anyone

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    Mute John Dman
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    Aug 8th 2017, 7:17 PM

    @Warthog: ya a friend of mine does security, and it’s truly shocking what goes on at these events. They can’t control them. And these are seasoned security personnel.

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    Mute Dearbhla Russell
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    Aug 8th 2017, 8:04 PM

    @Warthog: surely you are thinking of an older age group?? I find your comments a bit disturbing. I run a disco for 10 to 12 year olds. NONE of that happens. Where are you talking about?
    Slut runs??? Wtf? Disgusting turn of phrase.

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    Mute Steve Salmon
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    Aug 8th 2017, 1:42 PM

    Its being reported as a gang-rape in other media. but not here.

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