Novo Nordisk owner to invest $200 million in quantum computing startups [Yahoo! Finance]
Novo Nordisk A/S (NVO)
Last novo nordisk a/s earnings: 2/5 01:31 am
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Source: Yahoo! Finance
The company, the investment arm of the Novo Nordisk Foundation, has 77% of voting shares in Novo Nordisk, which is known for producing blockbuster obesity drug Wegovy and diabetes treatment Ozempic. CONTEXT Experts believe quantum computing may prove to be among the most transformational technological developments of the 21st century. Tech companies and governments alike have been working to create machines that take advantage of quantum mechanics, capable of making scientific calculations that would otherwise take most computers millions of years. WHY IT'S IMPORTANT Announcing the news on Wednesday, Novo Holdings said it wanted to help build an ecosystem of quantum computing startups, with a particular focus on life sciences companies based in Nordic countries. By applying the technology to the development of pharmaceuticals and other life sciences, quantum computing companies could significantly speed up the drug discovery process. KEY QUOTE Soren Moller, managing p
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NVO
News
- UK weight-loss drug price rivalry intensifies with Pharmacy2U mark-down [Yahoo! Finance]Yahoo! Finance
- If You'd Invested $1,000 in Novo Nordisk Stock 5 Years Ago, Here's How Much You'd Have Today [Yahoo! Finance]Yahoo! Finance
- Why Lilly And Novo Nordisk Will Keep Dominating The Market For Blockbuster GLP-1 Drugs [Forbes]Forbes
- ‘Ozempic Week' Ad Campaign Backfires for Delivery Service Gopuff [BNN Bloomberg (Canada)]BNN Bloomberg
- TriSalus Reports Q1 2024 Financial Results and Business Update [Yahoo! Finance]Yahoo! Finance
NVO
Earnings
- 5/3/24 - Beat
NVO
Sec Filings
- 5/15/24 - Form 6-K
- 5/13/24 - Form 6-K
- 5/13/24 - Form 6-K
- NVO's page on the SEC website