Fortune

NOVO NORDISK TAKES ON THE WEIGHT OF THE WORLD

THE BLUE SYRINGE PENS zipping along the factory assembly line pass by in a blur; it’s only when the machine briefly slows that their labels come into focus: Ozempic. Almost identical white pens, labeled Wegovy, move down a nearby production line. Both look unremarkable. But to the factory owners—Denmark’s $351 billion drugmaker Novo Nordisk—the Type 2 diabetes and obesity drugs might as well be made from spun gold.

Tucked amid farmland 26 miles north of Copenhagen, in Hillerød, a town better known for its 400-year-old castle, Novo Nordisk’s pharmaceutical factory is a world apart from the celeb-fueled weight-loss craze its output has spawned in the U.S.—Hollywood, in particular. At the Academy Awards ceremony in Los Angeles in March, host Jimmy Kimmel gazed out at the audience of glittering movie stars and evoked howls of laughter by saying, “Everybody looks so great. When I look around the room, I can’t help but wonder, ‘Is Ozempic right for me?’”

For millions of people, the answer to that question has apparently been a resounding yes. No one at the Oscars even needed to ask what Ozempic is; it’s the one-word shorthand for what many see as Big Pharma’s fiercest contest in years—diet drugs—as readily understand-able as Kleenex is for facial tissue.

The Food and Drug Administration approved Ozempic in 2017 as a treatment for Type 2 diabetes. Four years later, the agency gave the green light to Novo’s similar drug Wegovy to treat obesity, the first weight-loss drug to win FDA approval in eight years. Wegovy sparked a frenzy among dieters, ramped up by social media influencers and figures

You’re reading a preview, subscribe to read more.

More from Fortune

Fortune2 min read
Building A Future Cityscape
SINCE ITS FOUNDATION IN THE EARLY 20th century, Tokyu Corporation has played a major role in the history of Japanese communities, through urban development and then later through rail connections. The firm is now looking to help lead the nation’s cit
Fortune2 min read
How Gen Zers and Millennials Are Transforming Business
GEN ZERS AND MILLENNIALS ARE EXPECTED TO comprise 72% of the global workforce by 2029, according to the World Economic Forum. The aspirations and expectations that these generations have for their careers are critical for business leaders to understa
Fortune2 min read
Meet The Class Of 1955
ALMOST 10% OF THE COMPANIES on this year’s Fortune 500—49 in all—have made our list of America’s biggest businesses by revenue every year since its first edition, in 1955. All 49 are highlighted in these graphics, which also show their size relative

Related Books & Audiobooks