Investor Presentation Full Year 2017 slide image

Investor Presentation Full Year 2017

Investor Presentation Full year 2017 Slide 35 Solid patent protection of innovative drugs Novo Nordisk's position is protected by patents and value chain setup EU patent protection¹ US patent protection¹ Barriers to entry for biosimilar players Research & Development · Need to show comparability in PK/PD trials • Strict regulatory requirements in EU and the US • Requirement for both drug and device offering Manufacturing Economies of scale for incumbents Up-front CAPEX requirements with slow return on investment OZEMPIC semaglutide injection Fiasp fast-acting insulin aspart Xultophy insulin degudec/laglutide DNA originjection TRESIBA insulindegudec DNA origin injection RYZODEG 70%sindedecand 30spart DNA anjinjection VICTOZA Levemir® 2031 20322 2030 2030 20293 20293 2028 2029 2028 2029 • 20235 20235 2018 2019 (insulin detemir) NovoMix Expired4 Expired5 (biphasic insulin aspart) Novo Rapid Expired5 Expired5 (insulin aspart) norditropin Expired5 Expired5 1 List does not include all marketed products. 2 Assuming paediatric extension. 3 Protected by patents on the individual compounds insulin degludec and liraglutide as listed. 4 Expired in 2015. 5 Expired in 2017. Note: Saxenda patent identical to the VictozaⓇ patent. changing diabetes® Commercialisation Large and fragmented target audience • Cost pressure from payers • On-going conversion to next generation drugs and slow market dynamics PK: Pharmacokinetic, PD: Pharmacodynamic; CAPEX: Capital expenditure novo nordisk
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