{"id":13222,"date":"2024-11-04T14:35:48","date_gmt":"2024-11-04T14:35:48","guid":{"rendered":"https:\/\/topat10.com\/?p=13222"},"modified":"2024-11-04T14:35:48","modified_gmt":"2024-11-04T14:35:48","slug":"danish-town-where-weight-loss-wonderdrug-ozempic-is-made-suffers-from-the-highest-rates-of-overweight-children-in-denmark","status":"publish","type":"post","link":"https:\/\/topat10.com\/?p=13222","title":{"rendered":"Danish town where weight-loss wonderdrug Ozempic is made suffers from the highest rates of overweight children in Denmark"},"content":{"rendered":"\n<p>Novo Nordisk has become Europe\u2019s most valuable company due to soaring demand for its weight loss-aiding drugs Wegovy, Semaglutide, and Ozempic. But, as the effective backbone of the Danish economy goes from strength to strength, it now faces the daunting task of making sure the country\u2019s residents aren\u2019t left behind.<\/p>\n<div>\n<p>Novo Nordisk has had a major factory in Kalundborg, about an hour outside the Danish capital of Copenhagen, for <a href=\"https:\/\/www.novonordisk.com\/news-and-media\/news-and-ir-materials\/news-details.html?id=166342#:~:text=Novo%20Nordisk's%20production%20facilities%20in%20Kalundborg%20were%20established%20in%201969.\" target=\"_blank\" class=\"sc-93594058-0 fowfrQ  \" aria-label=\"Go to https:\/\/www.novonordisk.com\/news-and-media\/news-and-ir-materials\/news-details.html?id=166342#:~:text=Novo%20Nordisk's%20production%20facilities%20in%20Kalundborg%20were%20established%20in%201969.\" rel=\"noopener\">55 years<\/a>.<\/p>\n<p>The company has <a href=\"https:\/\/www.novonordisk.com\/careers\/career-areas\/manufacturing\/novo-nordisk-kalundborg.html\" target=\"_blank\" class=\"sc-93594058-0 fowfrQ  \" aria-label=\"Go to https:\/\/www.novonordisk.com\/careers\/career-areas\/manufacturing\/novo-nordisk-kalundborg.html\" rel=\"noopener\">pledged to invest<\/a> 60 billion kroner ($6.7 billion) in upping its manufacturing capabilities and hiring 1,250 workers in the town.\u00a0<\/p>\n<p>However, so far, at least, that investment, equivalent to around $400,000 per Kalundborg resident, isn\u2019t translating into much tangible progress for locals.<\/p>\n<p>Locals complain about a \u201cNovo queue\u201d in the town as employees commute into Kalundborg from neighboring areas. The town is planning to overhaul its patchy road network in a bid to ease congestion.\u00a0<\/p>\n<p>A more tragic irony in the town is an obesity crisis among residents living in the shadow of the massive Wegovy-making plant. Kalundborg is in the top 5% of towns in Denmark for overweight children, <a href=\"https:\/\/www.bbc.co.uk\/news\/articles\/cvg0p18lqqyo\" target=\"_blank\" class=\"sc-93594058-0 fowfrQ  \" aria-label=\"Go to https:\/\/www.bbc.co.uk\/news\/articles\/cvg0p18lqqyo\" rel=\"noopener\">the BBC reports<\/a>, a major indicator of deprivation.<\/p>\n<p>In addition, schools in the town are reported to be heavily underserviced and struggle to attract the best teachers.<\/p>\n<p>\u201cIf you saw that, you will take one of the big cities around here and say, \u2018Well, we will live there and then I can drive to Kalundborg to work,&#8217;\u201d regional councilor Helle Laursen Petersen told the BBC.<\/p>\n<h2 class=\"wp-block-heading\">Denmark\u2019s \u2018Nokia risk\u2019<\/h2>\n<p>Novo Nordisk has become the golden child of the Danish economy since its weight loss-aiding drugs became popularized beyond diabetic patients.<\/p>\n<p>Valued at around $500 billion, the group is now Europe\u2019s biggest company by market capitalization. It was <a href=\"https:\/\/fortune.com\/europe\/2024\/05\/01\/novo-nordisk-market-value-570-billion-bigger-than-danish-denmark-economy\/\" target=\"_self\" class=\"sc-93594058-0 fowfrQ  \" aria-label=\"Go to https:\/\/fortune.com\/europe\/2024\/05\/01\/novo-nordisk-market-value-570-billion-bigger-than-danish-denmark-economy\/\" rel=\"noopener\">briefly larger<\/a> than the entire Danish economy and was largely responsible for the country\u2019s GDP expansion last year. The economy would have shrunk without Denmark\u2019s booming pharmaceutical sector rather than expanding by 1.1% in the first nine months of 2023.\u00a0<\/p>\n<p>That has created fears of a \u201cNokia risk\u201d over the potential for Denmark to become too reliant on the pharmaceutical sector, particularly Novo Nordisk. The risk refers to Finnish telecommunications giant Nokia\u2019s collapse in the early 2000s, which dragged down the entire Finnish economy.<\/p>\n<p>It is a risk that long-time locals of Kalundborg will be sensitive to. The town was a manufacturing hub in the 1960s for the hair roller maker Carmen Curlere before it was sold to U.S. firm Clairol, eventually leading to thousands of job losses and the plant\u2019s closure in 1990.<\/p>\n<p>Novo Nordisk has sought to amp up its supply capabilities amid soaring demand, particularly in the U.S. Its time as an economic juggernaut is still nascent, however, with Novo\u2019s valuation increasing by more than 400% in the last six years.<\/p>\n<p>There is some early evidence that Novo Nordisk\u2019s investment is beginning to filter through to Kalundborg. Three universities, including University College Absalon, offer biotech courses on campuses, encouraging a raft of students to flock there and, potentially, for private investment to follow.<\/p>\n<p>The Novo Nordisk Foundation, one of the world\u2019s largest private philanthropic organizations, funds the research and education center, <a href=\"https:\/\/novonordiskfonden.dk\/en\/projects\/helix-lab-education-and-research-centre-in-kalundborg\/\" target=\"_blank\" class=\"sc-93594058-0 fowfrQ  \" aria-label=\"Go to https:\/\/novonordiskfonden.dk\/en\/projects\/helix-lab-education-and-research-centre-in-kalundborg\/\" rel=\"noopener\">the Helix Lab<\/a>, in Kalunborg.<\/p>\n<\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>Novo Nordisk has become Europe\u2019s most valuable company due to soaring demand for its weight loss-aiding drugs Wegovy, Semaglutide, and Ozempic. But, as the effective backbone of the Danish economy goes from strength to strength, it now faces the daunting task of making sure the country\u2019s residents aren\u2019t left behind. Novo Nordisk has had a [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":13223,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[123],"tags":[],"class_list":["post-13222","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Danish town where weight-loss wonderdrug Ozempic is made suffers from the highest rates of overweight children in Denmark | Unlock Informed Choices with Us<\/title>\n<meta name=\"description\" content=\"Novo Nordisk faces a challenge turning around the fortunes of residents in a major Danish manufacturing hub.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, 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