Novo

9 statements across 1 episodes · 1 bullish · 0 bearish · 1 people on the record · first statement Jan 22, 2024 by David Rosenthal · said 41 times in 1 episodes since 2024 · across every show →

Mentions by year

brought up most by David Rosenthal (36), Ben Gilbert (5)

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2024 41 mentions in 1 episode

every mention, scene by scene, with the transcript →

Everything said about Novo, oldest first

Jan 22, 2024 neutral
Assertion Partly supported
Denmark required Novo to repay World War II profits
“It is important to note, though, after the war, the Danish state did require both Novo and the Peterson brothers personally to repay most of the profits that they made during the war back to the Danish state.”
David Rosenthal Jan 22, 2024 ▶ 55:45 Novo Nordisk (Ozempic) · Acquired
Jan 22, 2024
Assertion Supported
Nordisk licensed NPH insulin globally while refusing to license to Novo
“So Nordisk, rather than building up production facilities around the world, what they decide to do is license it back to basically any interested pharma company. So like Eli Lilly back in the States, other companies in Continental Europe. It's the new, widely …”
David Rosenthal Jan 22, 2024 ▶ 49:00 Novo Nordisk (Ozempic) · Acquired
Jan 22, 2024
Assertion Supported
Novo rejected Genentech's offer to partner on recombinant human insulin
“Genentech had actually approached them about being a partner in Europe. Novo had turned them down because they didn't think the science was ready yet, and they were wrong.”
David Rosenthal Jan 22, 2024 ▶ 1:16:52 Novo Nordisk (Ozempic) · Acquired
Jan 22, 2024
Assertion Supported
Novo launched shelf-stable liquid insulin at half the price of Nordisk
“So they go to market, Novo goes to market with their Novo insulin as insulin at half price because it's so much more efficient.”
David Rosenthal Jan 22, 2024 ▶ 47:55 Novo Nordisk (Ozempic) · Acquired
Jan 22, 2024 positive
Assertion Partly supported
Novo invented the modern insulin pen in the 1980s
“It's Novo in the 19 eighties that invents the insulin pen.”
David Rosenthal Jan 22, 2024 ▶ 44:59 Novo Nordisk (Ozempic) · Acquired
Jan 22, 2024 neutral
Assertion Contradicted
Germany directed Novo to supply insulin across Nazi-occupied Europe
“They are now essentially the official Nazi-sanctioned insulin provider for all of Nazi-occupied Europe. So, the German government basically directs Novo To massively expand production and supply insulate, you know, not only to Germany, but to France, to Poland…”
David Rosenthal Jan 22, 2024 ▶ 54:01 Novo Nordisk (Ozempic) · Acquired
Jan 22, 2024 neutral
Assertion Supported
Eli Lilly, Novo, and Nordisk dominated global insulin sales in 1980
“Novo's annual global insulin sales, this is Novo, they're still much larger. They're about a hundred million dollars annually. And Nordisk's are about thirty million annually. That makes them the number two and number four producers in the world by market shar…”
David Rosenthal Jan 22, 2024 ▶ 1:08:00 Novo Nordisk (Ozempic) · Acquired
Jan 22, 2024
Assertion Supported
Novo and Nordisk competed head-to-head for 65 years before merging
“And for the next 65 years, these two companies would compete In blood sport, head to head, hated each other, absolutely hated each other until they finally merged in 1989.”
David Rosenthal Jan 22, 2024 ▶ 40:52 Novo Nordisk (Ozempic) · Acquired
Jan 22, 2024
Assertion Supported
Nordisk founder Hagedorn represented his company at the Supreme Court
“It actually ends up going to the Danish Supreme Court, where Hagedorn represents Nordisk himself. You know, in the lower courts, they had lawyers, and I think they lost the case in the lower courts, and Hagedorn's like, screw this. I'm gonna be my own lawyer. …”
David Rosenthal Jan 22, 2024 ▶ 51:00 Novo Nordisk (Ozempic) · Acquired
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