The $595 Billion Company Behind Ozempic (Europe’s Largest)

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  • Опубліковано 5 жов 2024

КОМЕНТАРІ • 129

  • @ArawnOfAnnwn
    @ArawnOfAnnwn День тому +66

    Novo Nordisk isn't shadowy. They were already well known, particularly for insulin.

    • @MarkVrem
      @MarkVrem День тому +3

      Yah that threw me off. Was expecting some sort of supplier or something. But interesting video nevertheless.

    • @RavingKats
      @RavingKats 22 години тому

      0:14 did you miss this?

    • @ArawnOfAnnwn
      @ArawnOfAnnwn 21 годину тому

      @@RavingKats No. Of course he'd mention insulin, it's what they're known for (ozempic is much more recent). The point is that they aren't this mysterious unknown firm as the title and intro tries to imply.

  • @POLARTTYRTM
    @POLARTTYRTM День тому +10

    Ah yes, i remember the lawsuit against the prices. It costs almoat nothing to make but they sell for astronimical prices.

    • @SarthakNarnaulia
      @SarthakNarnaulia 14 годин тому

      well in india insuline is cheap like rs 200-300 (3-4 usd) for a dose (that small bottle) how much do they cost in your country???

  • @SARGEinc
    @SARGEinc 19 годин тому +2

    Novo Nordisk runs a professional cycling team where everyone on the team has types 1 diabetes. I dont think they win a lot of races, but I think its pretty cool. Probably an interesting testing ground for their products, but I imagine it's also pretty inspirational for other type 1 athletes.

  • @thebosscrystal
    @thebosscrystal День тому +5

    New video after finishing school for the week nice!

  • @TheFunnyEagle
    @TheFunnyEagle День тому +127

    My guy, everyone has heard of them

    • @LogicallyAnswered
      @LogicallyAnswered  День тому +26

      Really? I’m not sure about that

    • @BijilBaji
      @BijilBaji День тому +10

      @@LogicallyAnswered they are much popular

    • @Danilio.
      @Danilio. День тому +28

      I haven't heard of them.

    • @JuanMPalacio
      @JuanMPalacio День тому +5

      @@Danilio.Yes you have!

    • @Danilio.
      @Danilio. День тому +10

      @@JuanMPalacio I'm not European, I'm American.

  • @redriver25
    @redriver25 День тому +4

    The constant photo sound effects and typing sound effects are obnoxious. Nice video, but the incessant sound effects really pull away from the content.

  • @xihai
    @xihai День тому +1

    Very nice video as always.
    I like how your video style change to something similar to magnates media, its very well done please continue doing that.

  • @JordanScottMills
    @JordanScottMills День тому +3

    Bro atrioc talked about them, they were in the news, like, yeah.

  • @shadowninja6689
    @shadowninja6689 День тому +7

    This video is a perfect example of why people at Nova Nortis need to go to jail for all of their law breaking, otherwise they'll just keep breaking the law and putting people's lives at risk.

    • @jacobbalslev4256
      @jacobbalslev4256 21 годину тому +2

      Yeah screw them for helping people with diabetes and other health problems. US wouldnt exist without them 🍔🍟

    • @blah2blah65
      @blah2blah65 21 годину тому +1

      Plaintiff: Your honor, Nova Nortis need to go to jail for their law breaking. Defendant: We are Novo Nordisk and do not know who this Nova Nortis are and so move to dismiss the case.

    • @ovibiswas7849
      @ovibiswas7849 14 годин тому

      @@jacobbalslev4256 what the f.... dont make me laugh . usa has more advanced companies than his. this is just a copy of eli lili i guess . europe cant do anything these days. just coping like china.

  • @mr.transposon5017
    @mr.transposon5017 6 годин тому

    Medtronic calling: we want your old pump back. We dont want you to sell it, as we want to be the only pump provider.

  • @Nexus9k
    @Nexus9k 17 годин тому +2

    People with diabetes have trouble controlling blood sugar, insulin is needed to low blood sugar. Insulin can cause low blood sugar not diabetes. Do people with diabetes usually have high blood sugar without insulin not low?

    • @Amo-xy5lg
      @Amo-xy5lg 17 годин тому

      Yes , they have high blood sugar and in type1 diabetes(juvenile onset) they have no insulin due to pancreas not producing insulin hence why they are insulin dependent. Type 2 patients can also in later stages stop producing insulin but usually it’s due to insulin resistance.

    • @SarthakNarnaulia
      @SarthakNarnaulia 14 годин тому

      in diabetes people cant produce enough insulin or they are insulin resistant. when you eat food your blood sugar increases and insulin balances it. Glucagon on the other hand normalises blood sugar when it is too low. and ya if you have diabetes type 2 just stick to external insulin never shift to medicine ( for your family) its much safe

  • @jondonron
    @jondonron День тому +2

    Could you create a video explaining mergers and acquisitions, including examples.....

    • @LogicallyAnswered
      @LogicallyAnswered  День тому +1

      Thanks for the suggestion Jon! Being honest though, not sure if there would be broad interest for this topic.

    • @bpavuk
      @bpavuk День тому +1

      @@LogicallyAnswered oh, there will be

  • @BetterSubstance
    @BetterSubstance 18 годин тому +2

    Nice video, but you could have also talked about their Nazi history and why they’re so expensive. Recently did a deep dive on the company where I found that out.

    • @aci461
      @aci461 18 годин тому

      Definitely did not expect their Nazi ties, but great story

  • @DrMatey215
    @DrMatey215 День тому

    Fantastic report. I learned a lot. Thank you.

  • @EamonCoyle
    @EamonCoyle День тому

    I spent a couple of summers in Wilkes Barre PA when I was younger and the father in the family I stayed with was born the same year insulin went on the market otherwise he wouldn't have survived....

    • @RavingKats
      @RavingKats 22 години тому

      Good thing Canadians discovered it

  • @the_redstone_guy
    @the_redstone_guy День тому +1

    He's back 🔥

  • @TaciturnTerror
    @TaciturnTerror 10 годин тому

    Dude, they're pretty well known, they also make the enzymes used in the brewing industry.

  • @balpreetsingh6834
    @balpreetsingh6834 20 годин тому

    Great video as always

  • @Lod7wjq0a
    @Lod7wjq0a 5 годин тому

    When is Silo coming to Canada?

  • @Twelveecho7
    @Twelveecho7 День тому +2

    Whats your name man we dont even know your name?
    Btw 2 videos a week needed!

  • @loganshirley1200
    @loganshirley1200 День тому +2

    And what does this have to do with Ozempic?

    • @fanban2926
      @fanban2926 День тому

      They make it

    • @loganshirley1200
      @loganshirley1200 День тому +1

      @@fanban2926 I gathered that. I guess what I’m asking without explicitly asking is why mention Ozempic? This was a fine documentary that used a clickbait title to drive viewership by mentioning a controversial drug.

    • @trogdorstrngbd
      @trogdorstrngbd 16 годин тому

      @@loganshirley1200 Ozempic and Wegovy are the same drug chemically but prescribed for different uses: Ozempic for diabetes and Wegovy for weight loss. Ozempic is used in the title because many, many people either think that Ozempic is the one for weight loss or know the difference but still say Ozempic to refer to both (because Ozempic was first and used off-label for weight loss).

  • @reasonator9538
    @reasonator9538 22 години тому

    so you can make different types of cars, but God forbid you let people make other insulin shots

  • @stefanschneider3681
    @stefanschneider3681 16 годин тому

    Sorry, but this trend to highly overrate little benefits is true for EVERY SINGLE DRUG COMPANY! I am an MD for almost 30 years and saw all kinds of drugs come and go over this time period. Many were first called "revolutionary". And I saw all the graphs that were so misleading it hurt my eyes! I don't want to do all-drug-companies-are-bad-bashing, I am extremely glad they are there and manufacture all the medications I use every day for our patients. But I told many times to the people visiting me to show me the same graphics again: Why don't you stop doing this kind of BS and invest the time and money into research?". Thx. for the video!

  • @Papasot
    @Papasot День тому +1

    This is the first time i know the company but I don’t know the product

  • @MonuKumar44444
    @MonuKumar44444 9 годин тому +1

    Next video on eli lilly please

  • @laratheplanespotter
    @laratheplanespotter 2 години тому

    Diabetes is HIGH blood sugar, not low. Yes they can go low but not from lack of insulin. Just had to fact check that part.

  • @50PullUps
    @50PullUps 17 годин тому +1

    So just WTF is Ozempic?

  • @SiggiTh
    @SiggiTh День тому +1

    My deepest condolences on the passing of Marie. My heart broke when I heard that she passed away.😊

  • @IMUSTHCOOSEANEWNAMEB
    @IMUSTHCOOSEANEWNAMEB 16 годин тому

    starts to be interesting at 14min

  • @viveksinghnegi6409
    @viveksinghnegi6409 День тому

    Great stuff

  • @Bullminator
    @Bullminator 17 годин тому

    Oh yeah that south park episode.

  • @Canadian_Teemo
    @Canadian_Teemo 11 годин тому

    Very nice to cover a European company for once, there are a lot of other companies too that you can cover in future videoes, however I do feel there are points which are misleading / inaccurate / not mentioned:
    4:10 the chart shows the US price and the articles and people are talking about Americans, I feel most of the prices discussed has been from the american perspective, how does it compare with other countries? Are other countries also talking about how expensive the insulin? I think it would be relevant to compare how European public reaction to the Europe's Largest company. I do agree that is insane price hikes, but I have never seen a European or Asian talk about the prices being unaffordable.
    6:24 yeah, statistics can be misleading, it is very often that news papers and companies "misuse" percentages. at 7:33 is plain wrong. Your statement of what it says, is wrong. It literally says the same information you bring up afterwards, so you calling a fictive statement misleading is misleading in itself. ( 7:50 ) "the drug only helped this small, specific gorup, not all overweight adults." but it never claimed to help all overweight adults, the article and screenshot you show literally say; it is overweights adults over 45 years old with known heart problems.
    8:00 I don't quite see the problem with Novo funding researchers to check how effective the drugs are. The only issue would be if the researcher didn't disclose it. A lot of medical research is funded by the medical companies. It is known that people who regulate the market gets their funding from the industry.
    12:25 the thing with sandwiching information is everywhere. I wouldn't call it bad practice, as it is the normal practice in every company announcement. The information was given, just being sandwiched.

  • @eiseis8226
    @eiseis8226 15 годин тому

    Mhmm the prices you mention are all in dollars, an example city is Detroit, Europe has a health care system unlike the US so a monopoly driving prices continuesly up is not possible -doesnt fit the title. So you trying to convice people before the insulin injections, doctors and scientists had no clue about blood sugar levels being relatively controllable with sugar and high intensity physically activity. So everyone with diabetes died within weeks yet diabetes up to today is often not diagnosed for weeks without everyone affected dying. Your third point is also about the US and if no one is told about a side effect, no doctor knows the side effect how would half doctors know about it and not the rest?

  • @ThijquintNL
    @ThijquintNL День тому +1

    I hadn't heard of them, but people seem to have generally? A poll with 4 options to see if one has heard of them and if they are from europe could be cool

  • @legendgarden3564
    @legendgarden3564 День тому +1

    Huge

  • @shopece8807
    @shopece8807 4 години тому

    Eli Lily too.

  • @carrotblog1746
    @carrotblog1746 23 години тому +1

    it is not a 595 Billion Drug, it is 595 Billion obsession

  • @VGMO17
    @VGMO17 День тому +1

    Crazy how much you can protect yourself from greedy pharmaceuticals when you actually take accountability of what you eat and how much you move

    • @LogicallyAnswered
      @LogicallyAnswered  День тому +1

      Generally good advice, but not true for everyone

    • @VGMO17
      @VGMO17 День тому

      @@LogicallyAnswered yeah sorry but if you need weight loss pills you're just lazy. I agree on healthy people who got diabetes and are getting screwed, which I know some, but I have no sympathy for lazy and obese people. Only a freak percentage are the ones who actually have a "medical condition", the rest are just irresponsible

    • @VGMO17
      @VGMO17 День тому

      @@LogicallyAnswered the UA-cam algorithm isn't allowing me to reply lol
      But if you eat healthy and actually exercise, you have no need for weight loss pills. Unhealthy habits lead to unhealthy lives with expensive consequences

    • @waihenenterprise
      @waihenenterprise 14 годин тому

      Ya but the main issue with big pharma is not the weight loss drug but the ones that is essential like insulin

  • @htmixl
    @htmixl 10 годин тому

    it was all just a corporate puffery
    8:44

  • @redstream1237
    @redstream1237 День тому +1

    Novo Nordisk is not a shadow company but the company behind it is indeed
    Hint: that company's name start with red and has stream on it

    • @TrulyS2345
      @TrulyS2345 День тому

      idk what are u tallking about???

  • @rafalsmigrodzki9239
    @rafalsmigrodzki9239 19 годин тому

    Diabetes causes "increases" in glucose, not drops 🤣🤣

  • @Walker956
    @Walker956 8 годин тому

    speak for yourself. i've heard of it. why are you insulting us

  • @Ray_of_Light62
    @Ray_of_Light62 День тому

    O3:47 - Chatper 2

  • @davidorsini
    @davidorsini 23 години тому +1

    I’m in medical never heard of them… Tampa Florida … 🤷🏻

    • @mynameisjeff.
      @mynameisjeff. 22 години тому

      You might not wanna say that publicly.

  • @choqao
    @choqao День тому +1

  • @Fanaro
    @Fanaro 13 годин тому

    8:25 Not to mention that 20% might not even get through the placebo effect.

  • @mimameta
    @mimameta 13 годин тому

    Guillotines

  • @DiegoGuerrero-zy5ne
    @DiegoGuerrero-zy5ne День тому +1

    55k is the largest company? That’s rookie US numbers

  • @jesserathur8912
    @jesserathur8912 День тому

    Hahahaha ya

  • @benchoflemons398
    @benchoflemons398 День тому +2

    Europe is cooked

  • @jslugger960
    @jslugger960 19 годин тому

    I done took Ls on they stock they needa do a reverse split

  • @v.prestorpnrcrtlcrt2096
    @v.prestorpnrcrtlcrt2096 13 годин тому

    @yOuTuBe @yOuTuBe I DO NOT REQUIRE YOUR STUPID MALFUNCTIONING CC"s!!!
    SO,..........!!!!!

  • @v.prestorpnrcrtlcrt2096
    @v.prestorpnrcrtlcrt2096 13 годин тому

    @yOuTuBe @yOuTuBe I DO NOT REQUIRE YOUR STUPID MALFUNCTIONING CC"s!!!
    SO,..........!!!!! x2