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The $595 Billion Company Behind Ozempic (Europe’s Largest) | Logically Answered


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The $595 Billion Company Behind Ozempic (Europe’s Largest)
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Have you ever heard of a company called Novo Nordisk? Probably not, but you are likely familiar with one of their recent viral pharmaceutical releases: Ozempic. Novo Nordisk was already one of the biggest pharmaceutical companies in the world dominating the insulin market. And the launch of Ozempic simply catapulted them to the top of the pharmaceutical industry. In fact, Novo Nordisk is now the largest company in Europe by far with a market cap exceeding $500 billion. Ironically, Novo Nordisk’s market cap is higher than the entire GDP of their home country: Denmark. But it’s not all sunshine and rainbows at Novo Nordisk. Over the decades, they’ve regularly employed aggressive pricing and marketing strategies to maximize profits despite fines and regulatory action. This video tells the story of the dark side of the company behind Ozempic.

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Timestamps:
0:00Novo Nordisk
0:24History And Rise
3:44Unethical Marketing Tactics
9:58Major Scandals & Legal Fallout

Resources:
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Disclaimer:
This video is not a solicitation or personal financial advice. All investing involves risk. Please do your own research.
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Logically Answered is centered around explaining the economics of tech and social media. These sectors are generally analyzed through the lenses of finance and economics to determine which industries and companies will thrive and which will fall. In addition to this analysis, the content is often focused on the stories of various famous entrepreneurs such as Elon Musk, Steve Jobs, and Jeff Bezos. Logically Answered also cover the rise and fall of several interesting companies and services that we come across on a daytoday basis. There have been so many companies that have risen to fame and then died out in a single generation. The most interesting companies are the ones that were able to save themselves and avoid bankruptcy. Feel free to follow the podcast if you would like to see any of these topics Logically Answered.
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Disclaimer: This podcast is an independently created audio adaptation of content originally published by Logically Answered. This is a fan made podcast that appreciates the channel’s insightful approach to knowledge and aims to make it accessible to those who prefer listening over watching. This podcast is not affiliated with, endorsed by, or officially connected to Logically Answered in any way. All rights to the original content belong to Logically Answered. If you have any concerns, please reach out.

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