Buy custom Novo Nordisk A/S In The United States
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| Topic: |
Business
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| Number of pages / Number of words: |
20 / 5578 |
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For new product development this generally means that a company can’t decide to invest a certain amount in developing a new drug in a given time frame. The success of the effort depends on the innovativeness and team-working skills of the people involved. The research may or may not come up with a successful new drug, and sometimes they might even invent a completely different kind of drug by accident – this hap-pened with Viagra, which was invented accidentally in heart failure research...
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For diabetes, the extra challenge lies in the nature of the disease – type II diabetes is a lifestyle disease, so Novo’s revenue is also eaten away by companies offering personal training and dietician ser-vices, supplement companies, national health campaigns raising awareness about healthy eat-ing, sports clubs etc...
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