Novo Nordisk rebrands as 'Novo', announces cultural reset

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Skip to navigationSkip to main contentSkip to right columnADVERTISEMENTReutersMon, September 14, 2026 at 3:59 PM GMT+2 1 min readSept 14 - Novo Nordisk is changing its day-to-day name to 'Novo', and taking a ‌new approach to company culture as it ‌looks to claw back ground in the fierce obesity ​drug race, the Danish drugmaker said on Monday.• Novo, which is slated to unveil details on its business strategy during a Capital Markets Day on ‌September 21, will ⁠keep 'Novo Nordisk A/S' as its legal name.• The company set out on ⁠Monday a new cultural strategy it called "The Novo Way", centred around four principles — customer obsession, competitiveness, ​clarity, and ​care and integrity.• ​The move comes as ‌it faces fierce competition from rival weight-loss drug maker Eli Lilly, investor pressure to deliver new blockbusters, and setbacks to its medicine pipeline.• The company's Copenhagen shares are down nearly 15% ‌this year, even as its ​oral GLP-1 outpaces Eli ​Lilly by hundreds ​of thousands of U.S. prescriptions per ‌week, according to IQVIA data ​provided by ​an analyst.• Commercial gains have been overshadowed by pipeline trouble, capped by last week's ​decision to ‌scrap two late-stage trials for its experimental ​heart drug ziltivekimab.(Reporting by Patrick Wingrove in London; ​Editing by Jan Harvey)Terms and Privacy PolicyEU DSA contactPrivacy & Cookie SettingsMore Info