Novo Nordisk's IT company to look at independent listing

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Novo Nordisk's IT company to look at independent listing

By Teis Jensen and Shida Chayesteh COPENHAGEN (Reuters) - Danish pharmaceuticals company Novo Nordisk has asked its fully-owned IT subsidiary NNIT to study the possibility of a separate listing on the Copenhagen stock exchange, company officials told Reuters on Wednesday. "We don't think Novo Nordisk are the best owners, and that's why we are looking to see if we can find new co-owners," said Jesper Brandgaard, chief financial officer at Novo Nordisk and chairman of NNIT. "Novo Nordisk's main activity is to sell pharmaceutical products, which is not a main activity for us," he said. NNIT financial officer Carsten Thomsen said the study was prompted by the fact that NITT's revenues from clients outside Novo Nordisk should reach about 50 percent this year.

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