News Post

Wegovy maker Novo Nordisk bets big on talent, AI partnerships in India

VCCircle · 18d

- Novo Nordisk is expanding its operations in India by increasing senior leadership and partnering with local AI start-ups. - The Danish drugmaker aims to double the number of global process leaders in India and increase its overall headcount by 16% next year. - Novo Nordisk has collaborations with 10 Indian AI start-ups for tasks such as document summarization, insight extraction, and editing error checks. - The company is utilizing AI tools to reduce the time required for quality checks on documents, reducing it from 40 hours to about 40 minutes per document. - Novo Nordisk's India centre aims to replicate the company's Denmark headquarters in terms of handling research and development data within three years. - Other major pharmaceutical companies, including Sanofi and Bristol Myers Squibb, are also investing in India's pharmaceutical sector and leveraging AI and digital technologies.