Pharmaceutical industry in Denmark - Statistics & Facts

The pharmaceutical industry in Denmark is a key sector of the Danish economy. The country has a considerable biopharmaceutical industry, with several domestic companies researching and manufacturing pharmaceutical products. Revenues generated by this industry increased overall during the past decade and grew significantly in the last four years.

Novo Nordisk tops them all

The largest of the Danish pharmaceutical companies is without doubt Novo Nordisk, whose main area consists of medicines and treatments for diabetes as well as related products like pens and needles. Diabetes treatment products generated most of Novo Nordisk’s sales, but they also focus on areas such as hormone replacement therapy and pharmaceuticals for treatment of other serious chronic diseases, like obesity, hemophilia, and growth disorders. Novo Nordisk’s annual net profit increased every year during the last decade, and the company is also the largest employer among the pharmaceutical companies in Denmark, with more than 47 thousand employees.

Other important companies

Two other large pharmaceutical companies headquartered in the country are H. Lundbeck, focusing on pharmaceuticals for psychiatric and neurological diseases, and Leo Pharma, the main product being medication for skin diseases. Other major Danish companies are Orifarm Group, ALK-Abello, and Xellia Pharmaceuticals, among others.

Pharmacies dominate sales

Most of the pharmaceutical spending in Denmark is on pharmaceuticals for inpatient care, followed by prescription pharmaceuticals. For pharmacies, which are the main channel for pharmaceutical sales in the country, almost three fourths of revenues come from prescribed pharmaceuticals.
This text provides general information. Statista assumes no liability for the information given being complete or correct. Due to varying update cycles, statistics can display more up-to-date data than referenced in the text.
Published by Statista Research Department, Jan 10, 2024

Key insights

Pharmaceutical revenue in Denmark in 2023
257.4bn DKK
Leading pharmaceutical company in Denmark 2022
Novo Nordisk
Largest pharmaceutical employer in Denmark 2022
Novo Nordisk
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Net profit of Novo Nordisk from 2009 to 2023 (in million DKK)

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Net profit of Novo Nordisk 2009-2023

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