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Danish businessman (born 1966) From Wikipedia, the free encyclopedia
Lars Fruergaard Jørgensen (born 29 November 1966)[1] is a Danish businessman, the Chief Executive of Novo Nordisk since January 2017 and Chairman of the European Federation of Pharmaceutical Industries and Associations.
Lars Fruergaard Jørgensen | |
|---|---|
_(cropped).jpg) | |
| Born | November 29, 1966 |
| Occupation | CEO at Novo Nordisk |
| Employer | Novo Nordisk (since 1994) |
He was named as the Financial Times Person of the Year in December 2023.
Jørgensen was educated at the Cathedral School of Viborg.[2][3] In 1991 Jørgensen earned an MSc in Finance & Business Administration from Aarhus University.[4]
In 1991, Jørgensen joined Novo Nordisk as an economist in Health Care, Economy & Planning. He was appointed as vice-president for IT and Corporate Development in 2004. In January 2013, he was appointed as executive vice president and chief information officer. In November 2014 oversaw Corporate People & Organization and Business Assurance.[4]
In September 2016, it was announced that Jørgensen would succeed Lars Rebien Sørensen as CEO of Novo Nordisk, after Sørensen had announced his departure at the end of the year.[5] In January 2017, Mr. Jørgensen was appointed president and chief executive officer.[4]
Jørgensen is President of the European Federation of Pharmaceutical Industries and Associations[2] and member of the Board of Directors at Danmarks Nationalbank.[4] He has also served as a member of several company boards of directors, including Innate Pharma in France, Harno Invest, NNIT, and NNE Pharmaplan.[5]
On September 24, 2024, Jørgensen appeared before the Senate Committee on Health Education, Labor, and Pensions to defend Ozempic and Wegovy drug pricing.[6] The committee, led by Bernie Sanders, reiterated the point that drug prices should be substantially lowered. Jørgensen reiterated that pharmacy benefit managers, PBMs, lower coverage when prices have a lower list price, thus making the access to the drugs harder for individuals.[7] Sanders claimed three of the top PBMs promised to not reduce access if prices are lowered, however, Jørgensen had his doubts to these claims.[6] Jørgensen reiterated that he will support any effort to help patients access the drug.[8] Roger Marshall, a physician, sided with Novo Nordisk and showed sympathy saying Novo Nordisk "is not a villain in this story, they're a hero."[7][9]
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