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  On ## January #### Novo Nordisk initiated its share repurchase...</description><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04000000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04002000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04002006</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04016000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04016009</newstex:cat><pubDate>6/23/2008 9:10:08 AM</pubDate><newstex:event xmlns:newstex="http://www.alacra.com/newstex">18000000</newstex:event><newstex:event xmlns:newstex="http://www.alacra.com/newstex">18011000</newstex:event><newstex:geo xmlns:newstex="http://www.alacra.com/newstex">19000000</newstex:geo><newstex:geo xmlns:newstex="http://www.alacra.com/newstex">19002000</newstex:geo><newstex:geo xmlns:newstex="http://www.alacra.com/newstex">19002007</newstex:geo><newstex:geo xmlns:newstex="http://www.alacra.com/newstex">19002014</newstex:geo><newstex:geo xmlns:newstex="http://www.alacra.com/newstex">19002018</newstex:geo><newstex:Publication xmlns:newstex="http://www.alacra.com/newstex">Marketwire</newstex:Publication><title>Novo Nordisk A/S - Transaction in Own Shares</title><newstex:docid xmlns:newstex="http://www.alacra.com/newstex">MW-0001-26166344</newstex:docid><newstex:index_entry_company xmlns:newstex="http://www.alacra.com/newstex">NOVO NORDISK A S</newstex:index_entry_company><newstex:index_entry_ticker xmlns:newstex="http://www.alacra.com/newstex">NVO</newstex:index_entry_ticker><category>News</category><alacra:ip>Newstex</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/spcred/654379</link><guid isPermaLink="false">spcred/654379</guid><spcred:index_mode xmlns:spcred="http://www.alacra.com/spcred">norm</spcred:index_mode><description>The latest Full Report from S&amp;P</description><spcred:dataset xmlns:spcred="http://www.alacra.com/spcred">global</spcred:dataset><pubDate>6/17/2008 8:28:42 AM</pubDate><spcred:price xmlns:spcred="http://www.alacra.com/spcred">400</spcred:price><title>Novo Nordisk A/S</title><spcred:type xmlns:spcred="http://www.alacra.com/spcred">Full Report</spcred:type><spcred:docid xmlns:spcred="http://www.alacra.com/spcred">654379</spcred:docid><spcred:index_entry_dispcountry xmlns:spcred="http://www.alacra.com/spcred">Denmark</spcred:index_entry_dispcountry><spcred:index_entry_dispgics xmlns:spcred="http://www.alacra.com/spcred">Pharmaceuticals</spcred:index_entry_dispgics><spcred:index_entry_dispregion xmlns:spcred="http://www.alacra.com/spcred">Europe, Middle East, Africa</spcred:index_entry_dispregion><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Global Issuers</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Corporations</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Consumer Products</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Health Care</spcred:index_entry_dispsector><spcred:index_entry_disptype xmlns:spcred="http://www.alacra.com/spcred">Full Report</spcred:index_entry_disptype><spcred:index_entry_excerpt xmlns:spcred="http://www.alacra.com/spcred">Very strong global market positions in insulin and niche hemophiliac treatment markets Recurring revenue stream Minimal financial risk profile Lack of significant diversity in therapeutic areas Relative geographic underrepresentation in the U.S. market The ratings on Denmark-based pharmaceuticals group Novo Nordisk A/S reflect its very strong global market positions in the oligopolistic insulin market and niche hemophiliac treatment market, both of which benefit from a very predictable and recurring revenue stream and high barriers to entry. The ratings also reflect Novo Nordisk's modest financial risk profile, good track record of maintaining above-industry-average sales growth, good profitability despite substantial sales from off-patent products, and good R&amp;D pipeline. The ratings are constrained by Novo Nordisk's lack of significant diversity in therapeutic areas</spcred:index_entry_excerpt><spcred:index_entry_primcountry xmlns:spcred="http://www.alacra.com/spcred">DNK</spcred:index_entry_primcountry><spcred:index_entry_primcusip xmlns:spcred="http://www.alacra.com/spcred">670100</spcred:index_entry_primcusip><spcred:index_entry_primgics xmlns:spcred="http://www.alacra.com/spcred">35202010 352020 3520 35</spcred:index_entry_primgics><spcred:index_entry_primissuer xmlns:spcred="http://www.alacra.com/spcred">Novo Nordisk A/S</spcred:index_entry_primissuer><spcred:index_entry_primissuerid xmlns:spcred="http://www.alacra.com/spcred">375765</spcred:index_entry_primissuerid><spcred:index_entry_primreg xmlns:spcred="http://www.alacra.com/spcred">EUROMIDAFR</spcred:index_entry_primreg><spcred:index_entry_primticker xmlns:spcred="http://www.alacra.com/spcred">NOVOB@DC</spcred:index_entry_primticker><spcred:index_entry_reporttype xmlns:spcred="http://www.alacra.com/spcred">FULL</spcred:index_entry_reporttype><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">GLOBISS</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">CORP</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">Consumer</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">Health</spcred:index_entry_sector><category>Credit &amp; Investment Research</category><alacra:ip>S&amp;P Credit Research</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/spcred/654380</link><guid isPermaLink="false">spcred/654380</guid><spcred:index_mode xmlns:spcred="http://www.alacra.com/spcred">norm</spcred:index_mode><description>The latest Summary from S&amp;P</description><spcred:dataset xmlns:spcred="http://www.alacra.com/spcred">global</spcred:dataset><pubDate>6/17/2008 8:28:42 AM</pubDate><spcred:price xmlns:spcred="http://www.alacra.com/spcred">175</spcred:price><title>Summary: Novo Nordisk A/S</title><spcred:type xmlns:spcred="http://www.alacra.com/spcred">Summary</spcred:type><spcred:docid xmlns:spcred="http://www.alacra.com/spcred">654380</spcred:docid><spcred:index_entry_dispcountry xmlns:spcred="http://www.alacra.com/spcred">Denmark</spcred:index_entry_dispcountry><spcred:index_entry_dispgics xmlns:spcred="http://www.alacra.com/spcred">Pharmaceuticals</spcred:index_entry_dispgics><spcred:index_entry_dispregion xmlns:spcred="http://www.alacra.com/spcred">Europe, Middle East, Africa</spcred:index_entry_dispregion><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Global Issuers</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Corporations</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Consumer Products</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Health Care</spcred:index_entry_dispsector><spcred:index_entry_disptype xmlns:spcred="http://www.alacra.com/spcred">Summary</spcred:index_entry_disptype><spcred:index_entry_excerpt xmlns:spcred="http://www.alacra.com/spcred">The ratings on Denmark-based pharmaceuticals group Novo Nordisk A/S reflect its very strong global market positions in the oligopolistic insulin market and niche hemophiliac treatment market, both of which benefit from a very predictable and recurring revenue stream and high barriers to entry. The ratings also reflect Novo Nordisk's modest financial risk profile, good track record of maintaining above-industry-average sales growth, good profitability despite substantial sales from off-patent products, and good R&amp;D pipeline. The ratings are constrained by Novo Nordisk's lack of significant diversity in therapeutic areas and relative geographic underrepresentation in the U.S. market. Total financial debt was Danish krone (DKK) 1.5 billion ($330 million) at March 31, 2008. Novo Nordisk is one of the world's leading manufacturers of</spcred:index_entry_excerpt><spcred:index_entry_primcountry xmlns:spcred="http://www.alacra.com/spcred">DNK</spcred:index_entry_primcountry><spcred:index_entry_primcusip xmlns:spcred="http://www.alacra.com/spcred">670100</spcred:index_entry_primcusip><spcred:index_entry_primgics xmlns:spcred="http://www.alacra.com/spcred">35202010 352020 3520 35</spcred:index_entry_primgics><spcred:index_entry_primissuer xmlns:spcred="http://www.alacra.com/spcred">Novo Nordisk A/S</spcred:index_entry_primissuer><spcred:index_entry_primissuerid xmlns:spcred="http://www.alacra.com/spcred">375765</spcred:index_entry_primissuerid><spcred:index_entry_primreg xmlns:spcred="http://www.alacra.com/spcred">EUROMIDAFR</spcred:index_entry_primreg><spcred:index_entry_primticker xmlns:spcred="http://www.alacra.com/spcred">NOVOB@DC</spcred:index_entry_primticker><spcred:index_entry_reporttype xmlns:spcred="http://www.alacra.com/spcred">SUMMARY</spcred:index_entry_reporttype><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">GLOBISS</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">CORP</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">Consumer</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">Health</spcred:index_entry_sector><category>Credit &amp; Investment Research</category><alacra:ip>S&amp;P Credit Research</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/newstex/MW-0001-25855006</link><guid isPermaLink="false">newstex/MW-0001-25855006</guid><newstex:index_mode xmlns:newstex="http://www.alacra.com/newstex">xml</newstex:index_mode><description> BAGSVAERD, DENMARK, Jun. #, #### (Marketwire delivered by Newstex) -- BAGSVAERD, DENMARK -- (MARKET WIRE) -- ##/##/## --  Novo Nordisk A/S - Share repurchase programme On ## January #### Novo Nordisk initiated its share repurchase programme...</description><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04000000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04002000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04002006</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04016000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04016009</newstex:cat><pubDate>6/9/2008 9:06:07 AM</pubDate><newstex:event xmlns:newstex="http://www.alacra.com/newstex">18000000</newstex:event><newstex:event xmlns:newstex="http://www.alacra.com/newstex">18011000</newstex:event><newstex:geo xmlns:newstex="http://www.alacra.com/newstex">19000000</newstex:geo><newstex:geo xmlns:newstex="http://www.alacra.com/newstex">19002000</newstex:geo><newstex:geo xmlns:newstex="http://www.alacra.com/newstex">19002007</newstex:geo><newstex:geo xmlns:newstex="http://www.alacra.com/newstex">19002018</newstex:geo><newstex:geo xmlns:newstex="http://www.alacra.com/newstex">19002014</newstex:geo><newstex:Publication xmlns:newstex="http://www.alacra.com/newstex">Marketwire</newstex:Publication><title>Transaction in Own Shares</title><newstex:docid xmlns:newstex="http://www.alacra.com/newstex">MW-0001-25855006</newstex:docid><newstex:index_entry_company xmlns:newstex="http://www.alacra.com/newstex">NOVO NORDISK A S</newstex:index_entry_company><newstex:index_entry_ticker xmlns:newstex="http://www.alacra.com/newstex">NVO</newstex:index_entry_ticker><category>News</category><alacra:ip>Newstex</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/ccbn/B1837420</link><guid isPermaLink="false">ccbn/B1837420</guid><ccbn:index_mode xmlns:ccbn="http://www.alacra.com/ccbn">norm</ccbn:index_mode><description>...Solid continued momentum in businesses, marks ##th qtr. in a row were NVO delivers, in local currency, double-digit growth. ...

</description><pubDate>5/2/2008 12:12:00 AM</pubDate><ccbn:name xmlns:ccbn="http://www.alacra.com/ccbn">Novo Nordisk A/S</ccbn:name><ccbn:price xmlns:ccbn="http://www.alacra.com/ccbn">54.0000</ccbn:price><ccbn:revision xmlns:ccbn="http://www.alacra.com/ccbn">Edited</ccbn:revision><ccbn:storetitle xmlns:ccbn="http://www.alacra.com/ccbn">Q1 2008 Novo Nordisk A/S Earnings Presentation Summary</ccbn:storetitle><ccbn:ticker xmlns:ccbn="http://www.alacra.com/ccbn">NVO</ccbn:ticker><ccbn:time xmlns:ccbn="http://www.alacra.com/ccbn">12:00pm UKT</ccbn:time><title>Q1 2008 Novo Nordisk A/S Earnings Presentation Summary</title><ccbn:type xmlns:ccbn="http://www.alacra.com/ccbn">Brief</ccbn:type><ccbn:docid xmlns:ccbn="http://www.alacra.com/ccbn">B1837420</ccbn:docid><category>Credit &amp; Investment Research</category><alacra:ip>Thomson Street Events</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/ccbn/T1837420</link><guid isPermaLink="false">ccbn/T1837420</guid><ccbn:index_mode xmlns:ccbn="http://www.alacra.com/ccbn">norm</ccbn:index_mode><description>...Thanks everyone for coming to the Novo Nordisk press results lunch. In a world of pharma blow-ups, Novo's been a bit of a sanctuary, so we're very pleased to welcome you here. And I'll hand over to Jesper to start the ball rolling. ...

</description><pubDate>5/1/2008 4:20:00 PM</pubDate><ccbn:name xmlns:ccbn="http://www.alacra.com/ccbn">Novo Nordisk A/S</ccbn:name><ccbn:price xmlns:ccbn="http://www.alacra.com/ccbn">54.0000</ccbn:price><ccbn:revision xmlns:ccbn="http://www.alacra.com/ccbn">Final</ccbn:revision><ccbn:storetitle xmlns:ccbn="http://www.alacra.com/ccbn">Q1 2008 Novo Nordisk A/S Earnings Presentation Transcript</ccbn:storetitle><ccbn:ticker xmlns:ccbn="http://www.alacra.com/ccbn">NVO</ccbn:ticker><ccbn:time xmlns:ccbn="http://www.alacra.com/ccbn">12:00pm UKT</ccbn:time><title>Q1 2008 Novo Nordisk A/S Earnings Presentation Transcript</title><ccbn:type xmlns:ccbn="http://www.alacra.com/ccbn">Transcript</ccbn:type><ccbn:docid xmlns:ccbn="http://www.alacra.com/ccbn">T1837420</ccbn:docid><category>Credit &amp; Investment Research</category><alacra:ip>Thomson Street Events</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/ccbn/B1832114</link><guid isPermaLink="false">ccbn/B1832114</guid><ccbn:index_mode xmlns:ccbn="http://www.alacra.com/ccbn">norm</ccbn:index_mode><description>...Sales of modern insulins increased by ##% in local currencies thereby maintaining the momentum in NVO insulin franchise. ...

</description><pubDate>4/30/2008 7:12:00 PM</pubDate><ccbn:name xmlns:ccbn="http://www.alacra.com/ccbn">Novo Nordisk A/S</ccbn:name><ccbn:price xmlns:ccbn="http://www.alacra.com/ccbn">54.0000</ccbn:price><ccbn:revision xmlns:ccbn="http://www.alacra.com/ccbn">Edited</ccbn:revision><ccbn:storetitle xmlns:ccbn="http://www.alacra.com/ccbn">Q1 2008 Novo Nordisk A/S Earnings Conference Call Summary</ccbn:storetitle><ccbn:ticker xmlns:ccbn="http://www.alacra.com/ccbn">NVO</ccbn:ticker><ccbn:time xmlns:ccbn="http://www.alacra.com/ccbn">1:00pm CET</ccbn:time><title>Q1 2008 Novo Nordisk A/S Earnings Conference Call Summary</title><ccbn:type xmlns:ccbn="http://www.alacra.com/ccbn">Brief</ccbn:type><ccbn:docid xmlns:ccbn="http://www.alacra.com/ccbn">B1832114</ccbn:docid><category>Credit &amp; Investment Research</category><alacra:ip>Thomson Street Events</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/ccbn/T1832114</link><guid isPermaLink="false">ccbn/T1832114</guid><ccbn:index_mode xmlns:ccbn="http://www.alacra.com/ccbn">norm</ccbn:index_mode><description>...Good day, and welcome to the Novo Nordisk Q# #### earnings conference call. For your information, today's conference is being recorded. At this time, I would like to turn the conference over to your host, the Chief Executive Officer, Mr. Lars Rebien Sorensen. Please go ahead, sir. ...

</description><pubDate>4/30/2008 5:14:00 PM</pubDate><ccbn:name xmlns:ccbn="http://www.alacra.com/ccbn">Novo Nordisk A/S</ccbn:name><ccbn:price xmlns:ccbn="http://www.alacra.com/ccbn">54.0000</ccbn:price><ccbn:revision xmlns:ccbn="http://www.alacra.com/ccbn">Final</ccbn:revision><ccbn:storetitle xmlns:ccbn="http://www.alacra.com/ccbn">Q1 2008 Novo Nordisk A/S Earnings Conference Call Transcript</ccbn:storetitle><ccbn:ticker xmlns:ccbn="http://www.alacra.com/ccbn">NVO</ccbn:ticker><ccbn:time xmlns:ccbn="http://www.alacra.com/ccbn">1:00pm CET</ccbn:time><title>Q1 2008 Novo Nordisk A/S Earnings Conference Call Transcript</title><ccbn:type xmlns:ccbn="http://www.alacra.com/ccbn">Transcript</ccbn:type><ccbn:docid xmlns:ccbn="http://www.alacra.com/ccbn">T1832114</ccbn:docid><category>Credit &amp; Investment Research</category><alacra:ip>Thomson Street Events</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/bir/1301746</link><guid isPermaLink="false">bir/1301746</guid><bir:index_mode xmlns:bir="http://www.alacra.com/bir">norm</bir:index_mode><title>Novo Nordisk A/S</title><bir:company xmlns:bir="http://www.alacra.com/bir">Novo Nordisk A/S</bir:company><bir:cou xmlns:bir="http://www.alacra.com/bir">Denmark</bir:cou><bir:descr xmlns:bir="http://www.alacra.com/bir">Manufacturing: Research, production and marketing of pharmaceutical specialities and enzymes for medical and industrial uses; main products: insulin, hormone preparations, antibiotics, heparin and glucagon; enzymes for the starch and detergent industries</bir:descr><bir:sic xmlns:bir="http://www.alacra.com/bir">2834</bir:sic><bir:ssic xmlns:bir="http://www.alacra.com/bir">2835</bir:ssic><bir:ssic xmlns:bir="http://www.alacra.com/bir">2869</bir:ssic><bir:ssic xmlns:bir="http://www.alacra.com/bir">8731</bir:ssic><bir:naics xmlns:bir="http://www.alacra.com/bir">325412</bir:naics><bir:snaics xmlns:bir="http://www.alacra.com/bir">325188</bir:snaics><bir:snaics xmlns:bir="http://www.alacra.com/bir">325413</bir:snaics><bir:snaics xmlns:bir="http://www.alacra.com/bir">541710</bir:snaics><bir:class xmlns:bir="http://www.alacra.com/bir">9</bir:class><bir:size xmlns:bir="http://www.alacra.com/bir">I</bir:size><bir:revenue xmlns:bir="http://www.alacra.com/bir">L</bir:revenue><bir:ticker xmlns:bir="http://www.alacra.com/bir">NOVO-B</bir:ticker><pubDate>3/26/2008 6:10:00 AM</pubDate><bir:docid xmlns:bir="http://www.alacra.com/bir">1301746</bir:docid><category>Company Profiles &amp; Financials</category><alacra:ip>Gale Company Profiles</alacra:ip></item></channel></rss>