Novo Nordisk, a pharmaceutical gild founded in Denmark in 1923, has been a pioneer of innovative insulin delivery methods for the treatment of diabetes with brand label Levomir® (an blastoff pen that uses a pre-filled, replaceable insulin cartridge) and AERx® (an insulin inhalant). While Novo Nordisk continues to be the world leader in diabetes treatment, the come with has expanded into early(a) areas of look into and development including human growth hormone and astringent products in their biopharmaceuticals. Biopharmaceuticals is the method of developing products by biological exercise or else than chemical process often utilizing recombinant desoxyribonucleic acid, or DNA that is a combination of two or more organisms (Exploratorium, 2006). Ypsomed Selfcare Solutions, a company based in Burgdorf, Switzerland, was established in 2003 as a result of the split of the Burgdorf-based Disetronic Groups and is also involved in the health check appliances and equipment in dustry. Ypsomed is involved in the development and manufacture of custom-make injection pens and compatible pen needles for the administration of self-injection solutions by patients (Ypsomed Selfcare Solutions, 2003-2006). The companys products can buoy up be used for a variety of applications and therapies such as insulin therapy, growth hormone therapy, and osteoporosis and blood glucose monitoring. Ypsomed currently distributes its products primarily in Europe, but expect their market to grow worldwide payable to the dramatic increase in diabetes cases.
PriceWaterhouseCoopers is the auditor of records for these two c ompanies (Ypsomed yearbook Report, 2005 an! d Novo Nordisk Annual Report, 2005). Novo Nordisk Financial Data-2005 Annual Report Novo Nordisk was the first Scandinavian company to be quoted on the New York Stock Exchange, and is like a shot an outside(a) company with representation in 69 countries (Wikipedia, 2005). The 2005 annual foot states the company had a turnover of DKK 33.8 trillion, or approximately 4.5 billion EUR (X-rates, 2006). Total sales for diabetes products... If you want to get a dependable essay, order it on our website:
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