Leading pharmaceutical companies in Denmark 2018, by revenue

Novo Nordisk earned by far the highest revenues among the Danish pharmaceutical companies in 2018. Novo Nordisk was also the largest pharmaceutical company in terms of employees that year, with more than 43 thousand. The company employed almost 38 thousand individuals more than the second largest in the country, Leo Pharma.

Novo Nordisk’s focus

   What products does Novo Nordisk make? The company’s key focus is diabetes medicine and treatments, such as diabetes pens and needles. Though, they also develop and manufacture pharmaceuticals for other serious chronic diseases, such as hemophilia, growth disorders and obesity. The company’s investments on research and development fluctuated during recent years, and reached 11.7 percent of total expenditure in 2019, the lowest value recorded since 2009.   

The second largest company

   H. Lundbeck was the second largest pharmaceutical company in Denmark in 2018, in terms of revenues. Their focus areas are pharmaceuticals to treat psychiatric and neurologic diseases, and the product that generated their highest revenue in 2019 was Brintellix/Trintellix, used for treatment of major depressive disorder.

Leading pharmaceutical companies in Denmark in 2018, by revenue

Revenue in billion DKK
Novo Nordisk111.83
H. Lundbeck18.12
Leo Pharma10.41
Orifam Group6.22
Xellia Pharmaceuticals1.89
Takeda Pharma1.78
Dako Denmark1.51
Biogen Denmark1.42
Ferring Pharmaceuticals1.4
Paranova Group1.37
William Cook Europe1.28
Astellas Pharma1.18
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Release date

September 2019



Survey time period


Special properties

Top 15; excl. subsidiaries

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Statistics on "Pharmaceutical industry in Denmark "

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