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New Nordic - About the company

New Nordic is a public company based in Denmark, founded in 1923. It operates as a Manufacturer of drugs for diabetes, obesity, hemophilia, and hormone therapy. New Nordic has raised $145K in funding. The company has 1947 active competitors, including 100 funded and 206 that have exited. Its top competitors include companies like AbbVie, Novartis and Gilead.

Company Details

Manufacturer of drugs for diabetes, obesity, hemophilia, and hormone therapy. It is focused on defeating diabetes and other serious chronic conditions such as rare bleeding disorders, and growth hormone-related disorders. The company makes several drugs under various brand names, including Levemir, NovoLog, Novolin R, NovoSeven, NovoEight, and Victoza. In 2022, the company recorded annual revenues of $26.32B and a net profit of $8.54B.
Social
X
Phone Number
+45 **********
Registered Address
NXT 2, 1 & 2nd Floor, Embassy Manyata Business Park, Nagavara Village, Kasaba Hobli, Venkateshapura, Bangalore, Bangalore North, Karnataka, India, 560045
Key Metrics
Founded Year
1923
Location
Stage
Public
Total Funding
$145K in 9 rounds
Ranked
Annual Revenue
$1B+ as on Dec 31, 2024
Employee Count
62,149 as on Aug 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Public

New Nordic's IPO details

New Nordic got listed on May 01, 1981.
Click here to take a look at New Nordic's IPO in detail
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New Nordic's funding and investors

New Nordic has raised a total funding of $145K over 9 rounds. Its first funding round was on 1984. Its latest funding round was a Grant (prize money) round on Mar 01, 2022 for $*****. 1 investor participated in its latest round. New Nordic has 11 institutional investors.

Here is the list of recent funding rounds of New Nordic:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Mar 01, 2022
5890773
Grant (prize money)
1565824
3120710
8204834
1583011
Jan 01, 2021
7471265
Grant (prize money)
5314091
8484130
7983409
Jan 01, 2020
2799720
Grant (prize money)
4147197
8427215
8526961
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New Nordic's founders and board of directors

Founder? Claim Profile

New Nordic's Board of Directors

New Nordic's board has 12 active members. Helge Lund and Henrik Poulsen are part of team and Kasim Kutay, Christina Law, Elisabeth Dahl Christensen, Andreas Fibig, Liselotte Hyveled, Martin Mackay, Laurence Debroux, Mette Bøjer Jensen, Thomas Rantzau and Sylvie Grégoire are independent board members.
Here is the list of New Nordic's board of directors:
Name
Type
Representing
Status
Duration
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Team
-
Current
2y 2m
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Team
-
Current
6y 8m
Independent board member
-
Current
9y 6m
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Independent board member
-
Current
9y 8m
bwpizwy
Independent board member
-
Current
1y 1m
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Independent board member
-
Current
3y 4m
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Independent board member
-
Current
8y 6m
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Independent board member
-
Current
4y 4m
wzaodmd
Independent board member
-
Current
5y 4m
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Independent board member
-
Current
5y 7m
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Independent board member
-
Current
3y 8m
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Independent board member
-
Current
7y 4m

New Nordic's employee count trend

New Nordic has 62,149 employees as of Aug 26. Here is New Nordic's employee count trend over the years:
Employee count trend for New Nordic
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New Nordic's Competitors and alternates

Top competitors of New Nordic include AbbVie, Novartis and Gilead. Here is the list of Top 10 competitors of New Nordic, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for AbbVie
AbbVie
2012, Chicago (United States), Public
Research-based biopharmaceutical company
$14.7B
83/100
2nd
Logo for Novartis
Novartis
1996, Basel (Switzerland), Acquired
R&D focused on manufacturing of drugs for multiple therapeutic areas
-
81/100
3rd
Logo for Gilead
Gilead
1987, Foster City (United States), Acquired
Developer of medicines to treat HIV/AIDS, liver diseases, cancer & others
-
81/100
4th
Logo for Amgen
Amgen
1980, Thousand Oaks (United States), Public
Developer of pharmaceutical products for treating multiple diseases
-
79/100
5th
Logo for AstraZeneca
AstraZeneca
1999, Cambridge (United Kingdom), Public
Developer of pharmaceutical medicines for oncology and various chronic diseases
-
76/100
6th
Logo for Lilly
Lilly
1876, Indianapolis (United States), Public
Developer of traditional pharmaceutical medicines
-
75/100
7th
Logo for Johnson & Johnson
Johnson & Johnson
1886, New Brunswick (United States), Public
Manufacturer and supplier of beauty care products, medical devices, and pharmaceutical products
-
74/100
8th
Logo for Roivant Sciences
Roivant Sciences
2014, New York City (United States), Public
Developer of therapeutics to treat neurology, oncology, rare, and endocrinology based diseases
$1.3B
71/100
9th
Logo for Roche
Roche
1896, Basel (Switzerland), Public
Developer of pharmaceuticals and diagnostics kits
-
70/100
10th
Logo for Genentech
Genentech
1976, San Francisco (United States), Acquired
R&D company focused on manufacturing drugs for multiple therapeutic areas
$72.5M
68/100
38th
Logo for New Nordic
New Nordic
1923, Denmark, Public
Manufacturer of drugs for diabetes, obesity, hemophilia, and hormone therapy
$145K
60/100
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New Nordic's Investments and acquisitions

New Nordic has made 22 investments in companies including Orbis Medicines and Aspect Biosystems. New Nordic has also acquired 13 companies including Akero Therapeutics and Cardior Pharmaceuticals.
Here is the list of investments & acquisitions:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Sep 17, 2026
Investments
2022
Copenhagen (Denmark)
Oct 09, 2025
Acquisition
2017
San Francisco (United States)
Jan 08, 2025
Investments
2013
Vancouver (Canada)
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See all investments and acquisitions by New Nordic

Reports related to New Nordic

Here is the latest report on New Nordic's sector:

News related to New Nordic

lockFilter this list
Media has covered New Nordic for a total of 380 events in the last 1 year, 189 of them have been about company updates and 31 about partnerships.
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FAQs about New Nordic

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