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Jessica Mendoza

👤 Person
4059 total appearances

Appearances Over Time

Podcast Appearances

The Journal.
Ozempic Is a Hit. So Why Is the Drugmaker’s CEO Out?

Novo's corporate headquarters outside of Copenhagen is even designed to mimic the winding structure of an insulin molecule. The company is also uniquely Danish in its corporate structure.

The Journal.
Ozempic Is a Hit. So Why Is the Drugmaker’s CEO Out?

So Novo Nordisk, the company, is overseen by the nonprofit Novo Nordisk Foundation. And it's the foundation that decides how to reinvest some of the company's profits.

The Journal.
Ozempic Is a Hit. So Why Is the Drugmaker’s CEO Out?

So Novo Nordisk, the company, is overseen by the nonprofit Novo Nordisk Foundation. And it's the foundation that decides how to reinvest some of the company's profits.

The Journal.
Ozempic Is a Hit. So Why Is the Drugmaker’s CEO Out?

So Novo Nordisk, the company, is overseen by the nonprofit Novo Nordisk Foundation. And it's the foundation that decides how to reinvest some of the company's profits.

The Journal.
Ozempic Is a Hit. So Why Is the Drugmaker’s CEO Out?

Novo's corporate structure effectively means that its CEO has to answer to the foundation. And since 2017, Novo's CEO has been Lars Juergensen.

The Journal.
Ozempic Is a Hit. So Why Is the Drugmaker’s CEO Out?

Novo's corporate structure effectively means that its CEO has to answer to the foundation. And since 2017, Novo's CEO has been Lars Juergensen.

The Journal.
Ozempic Is a Hit. So Why Is the Drugmaker’s CEO Out?

Novo's corporate structure effectively means that its CEO has to answer to the foundation. And since 2017, Novo's CEO has been Lars Juergensen.

The Journal.
Ozempic Is a Hit. So Why Is the Drugmaker’s CEO Out?

And what was his tenure like?

The Journal.
Ozempic Is a Hit. So Why Is the Drugmaker’s CEO Out?

And what was his tenure like?

The Journal.
Ozempic Is a Hit. So Why Is the Drugmaker’s CEO Out?

And what was his tenure like?

The Journal.
Ozempic Is a Hit. So Why Is the Drugmaker’s CEO Out?

Well, I see Novo Nordisk putting up the biggest gains.

The Journal.
Ozempic Is a Hit. So Why Is the Drugmaker’s CEO Out?

Well, I see Novo Nordisk putting up the biggest gains.

The Journal.
Ozempic Is a Hit. So Why Is the Drugmaker’s CEO Out?

Well, I see Novo Nordisk putting up the biggest gains.

The Journal.
Ozempic Is a Hit. So Why Is the Drugmaker’s CEO Out?

Ozempic launched in the U.S. in 2018, just about a year after Jorgensen took over as CEO. The drug is approved for treating diabetes, but people quickly realized that the weekly doses didn't just help control blood sugar. They could help control weight. And that's when Ozempic really took off.

The Journal.
Ozempic Is a Hit. So Why Is the Drugmaker’s CEO Out?

Ozempic launched in the U.S. in 2018, just about a year after Jorgensen took over as CEO. The drug is approved for treating diabetes, but people quickly realized that the weekly doses didn't just help control blood sugar. They could help control weight. And that's when Ozempic really took off.

The Journal.
Ozempic Is a Hit. So Why Is the Drugmaker’s CEO Out?

Ozempic launched in the U.S. in 2018, just about a year after Jorgensen took over as CEO. The drug is approved for treating diabetes, but people quickly realized that the weekly doses didn't just help control blood sugar. They could help control weight. And that's when Ozempic really took off.

The Journal.
Ozempic Is a Hit. So Why Is the Drugmaker’s CEO Out?

Ozempic and Wegovy are what's known as GLP-1s, now one of the most successful drug categories in the industry. Novo's biggest challenger in the space is an American company, one that it's competed with for something like a century, Eli Lilly.

The Journal.
Ozempic Is a Hit. So Why Is the Drugmaker’s CEO Out?

Ozempic and Wegovy are what's known as GLP-1s, now one of the most successful drug categories in the industry. Novo's biggest challenger in the space is an American company, one that it's competed with for something like a century, Eli Lilly.

The Journal.
Ozempic Is a Hit. So Why Is the Drugmaker’s CEO Out?

Ozempic and Wegovy are what's known as GLP-1s, now one of the most successful drug categories in the industry. Novo's biggest challenger in the space is an American company, one that it's competed with for something like a century, Eli Lilly.

The Journal.
Ozempic Is a Hit. So Why Is the Drugmaker’s CEO Out?

What did that look like post-ozempic?