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Novo Nordisk CEO Lars Sørensen on What Propelled Him to Top
Ask chief executives why their companies are performing so well, and they’ll typically credit a brilliant strategy coupled with hard-nosed, diligent execution. But when you ask Lars Sørensen of Novo Nordisk what forces propelled him to the top of HBR’s 2015 ranking of the best-performing CEOs in the world, he cites something very different: luck. Based in Copenhagen, Novo Nordisk was founded in the 1920s to make insulin, then a newly discovered drug. In the years since, demand for diabetes treatments has exploded; today close to 400 million people suffer from the disease. The company now controls nearly half of the market for insulin products—which are second only to oncology drugs as the fastest-growing category of pharmaceuticals. The firm also has branched into growth hormones, hormone replacement therapies, and drugs to treat hemophilia.
- Categories
- Health Care
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Improving Photosynthesis May Be Our Best Bet to Feed More People
Our ability to keep feeding Earth's growing population using current agricultural methods is hitting its limit. So researchers are looking to alter plants' most basic systems.
- Categories
- Agriculture
- Tags
- food security, research
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Q&A: What Startup Entrepreneurs Need To Know About Raising Money Through Equity Crowdfunding
To get a sense of how entrepreneurs stand to benefit from the Security and Exchange Commission's new equity crowdfunding regulations, Forbes sat down with Rod Turner, cofounder of Manhattan Street Capital – a growth capital marketplace looking to take advantage of the new changes by building an equity crowdfunding platform for mid-sized firms.
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- Investing
- Region
- North America
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Kenya’s Silicon Savannah Spurs Tech in Sub-Saharan Africa
Most discussions of the origins of Africa’s tech movement circle back to Kenya, which was home to several major technological innovations between 2007 and 2010. This innovation inspired the country’s Silicon Savannah moniker, and has provided an example for other African countries to follow.
- Region
- Sub-Saharan Africa
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PRESS RELEASE: OPIC and Big Tree Farms Partner to Modernize Southeast Asian Agriculture
$3.7 million in development finance supports U.S.-led coconut and cocoa producer in Bali, boosting livelihoods for low-income farmers - financing comes through innovative OPIC offering to support impact investments.
- Categories
- Agriculture, Investing
- Region
- Asia Pacific
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Groups Sign Funding Deal to Increase Competitiveness for Small Holder Farmers in East Africa
The Alliance for a Green Revolution in Africa (AGRA) has entered into a partnership with KCB Group to facilitate the implementation of a platform that enables smallholder farmers across the East African region access credit and training.
- Categories
- Agriculture, Technology
- Region
- Sub-Saharan Africa
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M.B.A.s Get Lessons in Income Inequality
With the gap between the highest and lowest-income Americans at its widest level in decades, some business schools are putting income inequality on the syllabus.
The b-schools at the Massachusetts Institute of Technology, Harvard University and Northwestern University are adding new courses and investing in research that probes income inequality at home and abroad. Some of the new courses consider remedies for inequality, while others focus on helping students market to consumers at the bottom of the wealth pyramid. As M.B.A.s aspire to become top earners, schools say they must understand the forces that affect people at every income level.- Categories
- Education
- Region
- North America
- Tags
- research
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India’s largest mobile wallet to split into separate payments, ecommerce apps
The country's largest mobile wallet Paytm will hive off its bread-and-butter payments business as a separate app, with the current app focusing on shopping.
- Categories
- Uncategorized
- Region
- South Asia
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