Novo Nordisk A/S's (NOVO-B.KO) diabetes treatment Victoza has had a positive reception since it was launched on a number of European markets in July, Chief Executive Lars Rebien Sorensen said at a conference call Thursday, following the Danish pharmaceutical company's second-quarter report , Wall Street Journal reports.
However, the world's top supplier of insulin said net profit in April through June reached almost 3 billion kroner ($580 million), up from about 2.5 billion kroner in the same period in 2008. Sales increased to 13 billion kroner from 11.1 billion kroner , Los Angeles Times reports.
Meanwhile, his remarks came after the company said in its second-quarter earnings report that it was in a "constructive dialogue" with the FDA on Victoza.
Brandgaard said that the global insulin markets were growing more slowly than the company previously expected , Reuters reports.
Putin's official spokesman Dmitry Peskov commented on remarks in the US media about failures in launching nuclear-capable missiles in Russia
The Buk system that shot down MH17 belonged to the 53rd SAM missile brigade of the Russian Ministry of Defense, investigators say after looking at a few pictures on the net
It has long been understood that the West has been trying to subject Russian borders to total control. We have not seen such activity even during the Cold War