Novo Nordisk second best in the world at providing access to medicine

Novo NordiskToday, it was announced that Novo Nordisk ranks second on the 2014 Access to Medicine Index, climbing four places since the 2012 Index. Novo Nordisk's ranking is a reflection of the company's inclusion of access to medicine within its core business, including equitable pricing strategies, local capability building and integrating philanthropy with business activities.

In 2013, Novo provided medical treatments for approximately 24.3 million people with diabetes worldwide, showing a 7% increase compared with 2012.

"Today, more than 80% of people with diabetes live in low- and middle-income countries where access to medicine and treatment is simply not adequate for the millions in need," says Lars Rebien Sørensen, chief executive officer at Novo Nordisk. "Last year, we launched our Strategy for Global Access to Diabetes Care strengthening our already existing efforts to break down barriers that inhibit access to care and help us reach 40 million people living with diabetes by 2020."

Since Novo Nordisk launched its first access to care strategy in 2001, diabetes has become a major global health challenge. There are now an estimated 387 million people worldwide with diabetes and the number is expected to rise to over half a billion by 2035.

Working towards sustainable solutions
The 2014 Access to Medicine Index highlighted two of the company's access to diabetes care initiatives - the Base of the Pyramid project and the Changing Diabetes® in Children programme. The Base of the Pyramid project takes an integrated approach together with faith-based organisations to improve diagnosis, treatment and diabetes education for the working poor in developing countries. The Changing Diabetes® in Children programme provides medicine free of cost, treatment and patient education for children living with type 1 diabetes in low-income countries.

"We have the knowledge, capabilities and commitment to improve the health of people living with diabetes regardless of where they live," says Lars Rebien Sørensen. "As the world leader in diabetes care, we will continue to work with governments, health organisations and communities to make this a reality across the globe."

About the Access to Medicine Index
The ranking of the 2014 Access to Medicine Index is based on measurements of 21 pharmaceutical companies' policies and practices in improving access to medicine across a specific range of countries, diseases and product types. The Access to Medicine Index is published every two years.

About Novo Nordisk
Headquartered in Denmark, Novo Nordisk is a global healthcare company with more than 90 years of innovation and leadership in diabetes care. The company also has leading positions within haemophilia care, growth hormone therapy and hormone replacement therapy. Novo Nordisk employs approximately 41,000 employees in 75 countries, and markets its products in more than 180 countries.

Most Popular Now

Delivering insulin in a pill

Given the choice of taking a pill or injecting oneself with a needle, most of us would opt to regulate a chronic health condition by swallowing a pill. But for millions o...

Can aspirin treat Alzheimer's?

A regimen of low-dose aspirin potentially may reduce plaques in the brain, which will reduce Alzheimer's disease pathology and protect memory, according to neurological r...

FDA approves first drug comprised of an active ing…

The U.S. Food and Drug Administration today approved Epidiolex (cannabidiol) [CBD] oral solution for the treatment of seizures associated with two rare and severe forms o...

Researchers develop a new method for turning skin …

Our bodies consist of many different kinds of cells, each with their own role. The Japanese scientist Shinya Yamanaka had made earlier the discovery, earning the Nobel Pr...

Some existing anti-cancer drugs may act in part by…

Bolstering the notion that RNA should be considered an important drug-discovery target, scientists at Scripps Research have found that several existing, FDA-approved anti...

Poliovirus therapy for recurrent glioblastoma has …

A genetically modified poliovirus therapy developed at Duke Cancer Institute shows significantly improved long-term survival for patients with recurrent glioblastoma, wit...

Human clinical trial reveals verapamil as an effec…

Researchers at the University of Alabama at Birmingham Comprehensive Diabetes Center have discovered a safe and effective novel therapy to reduce insulin requirements and...

Novartis Clear about Psoriasis survey data highlig…

Novartis announced today the publication of global Clear about Psoriasis survey data in the Journal of the European Academy of Dermatology and Venereology[1]. The publica...

New small molecules pave the way for treating auto…

The innate immune system is the first line of defense, with cells that quickly identify "foreign" motifs from viruses and bacteria and mount up a counterattack to elimina...

How targeting metabolism can defeat cancer stem ce…

Researchers are the University of Michigan Rogel Cancer are unraveling a crucial thread that explains why cancer so often becomes resistant to treatment. In a breakthroug...

Amgen and MBC Biolabs announce winners of the Amge…

Amgen (NASDAQ:AMGN) and MBC BioLabs (formerly QB3@953) announced that Delve Therapeutics and Mitokinin have won the Amgen Golden Ticket at MBC BioLabs. Each company recei...

FDA warns of imposters sending consumers fake warn…

The U.S. Food and Drug Administration is warning consumers about criminals forging FDA warning letters to target individuals who tried to purchase medicines online or ove...