As firm struggles, Novo Nordisk CEO Jørgensen to step down


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Andrew Joseph covers well being, medication, and the biopharma trade in Europe. You’ll be able to attain Andrew on Sign at drewqjoseph.45.

LONDON — Lars Fruergaard Jørgensen, who led Novo Nordisk because it rode the growth of its weight problems and diabetes drugs to develop into one of many greatest gamers in pharma, solely to see that success stall in latest months, is stepping down as CEO, the corporate mentioned Friday.

Jørgensen, who’s labored at Novo for greater than 30 years and has been CEO for eight, will proceed within the place for a interval “to assist a clean transition to new management,” the corporate mentioned. 

The seek for the following CEO is ongoing. 

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