
By Stine Jacobsen and Maggie Fick
COPENHAGEN, March 26 (Reuters) - Novo Nordisk has appointed Poul Weihrauch, CEO of U.S. candy giant Mars, as board observer as the drugmaker seeks to strengthen its position in the highly competitive U.S. obesity market.
The maker of weight-loss drug Wegovy announced the appointment at Thursday's annual general meeting, where shareholders also elected pharmaceutical veterans Jan van de Winkel and Ramona Sequeira to the board, along with Helena Saxon, a board member at fashion retailer H&M.
Novo Nordisk and its majority shareholder, the Novo Nordisk Foundation, carried out a leadership shake-up last year, replacing the CEO and restructuring the board. This included the consolidation of Lars Rebien Sorensen's leadership role through his appointment as board chairman in addition to his role of chairman of the foundation.
NOVO AIMS TO BOOST CONSUMER CREDENTIALS
Sorensen has promised to strengthen the board's pharmaceutical and commercial expertise after criticising the previous board for being slow to address U.S. market challenges.
Novo is trying to boost consumer credentials in the U.S. market in a number of ways under its new management. In January it launched its Wegovy pill across multiple cash-pay channels, rather than solely through traditional insurance routes.
The company is leaning into telehealth, retail partnerships and direct-to-consumer access, as well as cutting prices under pressure from the Trump administration and to win cash-pay patients. Novo and chief rival Eli Lilly and Co have said the obesity market is becoming increasingly consumer-driven.
"We need to start to see our community more as customers than as patients," Sorensen told reporters after Thursday's meeting, adding that it was studying consumer behaviour to better understand what drives people to seek treatment, where they prefer to access it and when they are most likely to buy.
Sorensen said that Novo had looked at over-the-counter medicines for insight but added that companies in fast-moving consumer goods may provide a closer comparison because of their expertise in tracking purchasing habits and identifying unmet demand.
Those kinds of consumer insights could improve how Novo addresses the needs of overweight people and identify where GLP-1 drugs or other treatments might fit, Sorensen said.
Asked about the apparent contradictions in the appointment of a confectionery company executive by a manufacturer of obesity drugs, Sorensen said both types of companies are highly sophisticated in understanding customers and their needs.
(Reporting by Stine Jacobsen and Maggie FickEditing by Anna Ringstrom, Barbara Lewis and David Goodman)
LATEST POSTS
- 1
Ocean side Objections: Staggering Waterfront Breaks - 2
COGAT discovers motor oil hidden inside UN's humanitarian aid to Gaza in smuggling attempt - 3
What's your biological age? Experts explain the benefits and risks of at-home tests - 4
I traveled to 13 countries in 2025. This small island nation surprised me the most. - 5
The race to mine the moon is on – and it urgently needs some clear international rules
The next frontier in space is closer than you think – welcome to the world of very low Earth orbit satellites
Far-right AfD invited back to Munich Security Conference in 2026
Polls open in tense Uganda election amid widespread delays
Style Narratives: A Survey of \Patterns and Styles Assessed\ Design
4 astronauts are now on their path to the moon. Here’s what happens next
IDF says up to 90% of Iran’s weapons industry could be hit within days
Warming winters lead to more nitrate pollution in the drinking water near farms
Step by step instructions to Pick the Right Dental specialist for Your Teeth Substitution
Sophie Kinsella, 'Confessions of a Shopaholic' author, dies at 55 after battle with cancer













