Novo Nordisk (Ozempic)

Last year Novo Nordisk, the Danish pharmaceutical company behind Ozempic and Wegovy, overtook LVMH to become Europe’s most valuable company. And the pull for Acquired to finally tackle healthcare (18% of US GDP!) became too strong for us to resist. While we didn’t know much about Novo Nordisk before diving in, our first thought was, “wow, seems like these new diabetes and obesity drugs mean serious trouble for big insulin companies.”
And then… we realized that Novo Nordisk IS the big insulin company. And in a story befitting of Steve Jobs and Apple, they’d just disrupted themselves with the drug equivalent of an iPhone moment. Once we dug further, we quickly realized this company has it all: an incredible 100+ year history filled with Nobel Prizes, bitter personal rivalries, board room dramas, a generation-defining silicon valley innovation, lone voices persevering against all odds - and oh yeah, the world’s largest charitable foundation at its helm. Tune in for one incredible story!
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Links:
Chart: US Healthcare Spend by Category
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Chart: US Distribution and Reimbursement System (for pharmaceutical drugs)
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Chart: Insulin Supply Chain
diabetesjourna...
KZbin Talk: What People Get Wrong about the Finances of the Drug Industry
• Dr. Jack Scannell. Wha...
Alex Telford: The pharma industry from Paul Janssen to today: why drugs got harder to develop and what we can do about it
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Out-of-Pocket Health: Obesity Drugs
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Out-of-Pocket Health: US Healthcare System Problems
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All episode sources
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Carve Outs:
Noxgear Tracer 2 running vest
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Drops of God
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Wool by Hugh Howey
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Mere Mortals at San Francisco Ballet
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Blackberry
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Note: Acquired hosts and guests may hold assets discussed in this episode. This podcast is not investment advice, and is intended for informational and entertainment purposes only. You should do your own research and make your own independent decisions when considering any financial transactions.

[@MinhPhan-sf9hk]

damn, big fan of ACQ for a while but this one is the best ever!!! so so interesting!

[@goodsir7298]

Great podcast I cant believe how long it took me to find this when I was searching for Novo Nordisk but glad I did

[@ashka121]

Thanks for the podcast. I've listed to all of it over a few days. I was very interesting and educating. You two have a good story telling skills.

[@BentleyBeard]

Great episode, would love you guys to do an episode on Abbvie and Humira.

[@vijaymaram]

I binge listened the whole episode. think this is a great peice of work. Great story telling skills. I was never boared. Good analogies to other industries. I really liked the 7 powers. lastly, i am from pharma and i agree with most of points. Great research, keep doign more.

[@mohammedajmal7227]

Heard the Starbucks episode and came here for another episode! Just amazed at the depth of research and conversations !

[@misium]

Type II diabetes starts as imsulin resistance. There is plenty of good insulin, but the body doesnt react to it. After several years of progression Insulin production subsides and bocomes a lack of insulin.

[@TrangVu-jj5cm]

Can someone tell me if they take the LVHM episode down? I couldn’t find it 😊

[@crecer_y_emprender]

Excellent! This prepared me for an interview with them very well! Their current earnings are astronomic...

[@joooja]

2:27:46

[@kuronokagami]

Save on gym membership and the food bill whats not to like, just hopefully no longterm side effects

[@viruldewnaka1193]

Are you better off this industry after completely watching this podcast?

[@mohamedelyaouti2051]

What????

[@jowita0405]

Mafia