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Novo Nordisk Eliminates 250 Jobs in the U.S.

100 positions in Princeton office and 150 in diabetes treatment support

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By: Kristin Brooks

Managing Editor, Contract Pharma

Novo Nordisk plans to eliminate approximately 250 jobs in the U.S., according to a spokesman from the company, as well as add an undetermined number of staff to newly created positions.   Novo Nordisk employs more than 42,000 people in 79 countries. The company, a specialist in diabetes, has seen more modest growth in recent years as a result of pricing pressures in the U.S., which accounts for approximately half of its revenue. Annual revenues were flat at $17.9 billion in 2017, and earnings ...

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