In Denmark, a pharmaceutical giant Novo Nordiskin success can be seen at the level of the entire national economy. A significant part of the country’s GDP growth in recent years has been driven by the pharmaceutical industry.
A similar miracle in the health sector visible at the level of the entire economy would be possible in Finland as well, he says Novo Nordiskin CEO of Finland Jaakko Linna.
“I think it would require us to be able to make a decision together here as well, which puts the health sector in a position where we expect it to grow. We are ready to invest and do this together.”
In the end, it all depends on the common will.
“It is the advantage of a small country that by working together we can also achieve more.”
The Danish miracle is based on long-term work. Novo Nordisk was founded more than a hundred years ago. Denmark has a long history in the pharmaceutical industry and investments in the growth of the health sector. In addition, clear political decisions have been made in Denmark that extend beyond party lines and election periods, Linna says.
“It can be seen in the way that society has set the pharmaceutical industry and the health sector as a clear priority industry in terms of growth. For example, the private and public sector and society as a whole are behind this issue.”
According to Linna, Finland would have very good starting points for the same.
“We have very good starting points in Finland. We have a high level of education. We have good health registers that can be used in research.”
Novo Nordisk was founded around the treatment of diabetes. Recently, the company has become known for the treatment of obesity, which has become a large and growing area.
In Finland, the company conducts, among other things, clinical trials, supplies medicines and trains healthcare professionals.
On Wednesday’s Talousaamu, the Minister of Finance was interviewed Riikka Purran (ps) estimates of the cutback needs of the public finances. The program also anticipated the ECB’s interest rate decision on Thursday and addressed the rise in Euribor interest rates.
You can watch the Talousaamu broadcast in its entirety here.