Company Makes Billions Combating US Obesity But Could Harm Its Country

As a doctor and journalist, Novo Nordisk has caught my attention despite my lack of expertise in economics. The next article links medicine, medications, and economics. After reading America’s Obsession With Weight-Loss Drugs Is Affecting the Economy of Denmark in WSJ, I wanted to better understand the importance of health economics in a country’s budget and how it was so important in the treatment of obesity and diabetes mellitus 2. <h1>The Impact of Giant Companies: Lessons from Nokia and Novo Nordisk</h1> Do you know how in the world of business some companies become valuable? Imagine if a company is like a big puzzle piece in a country’s economy. This is happening more currently because some companies are getting giant and controlling whole industries. Think about Nokia, the company that made those old mobile phones. But at some point, the economy changed. People started liking different phones, like iPhones, and Nokia’s phones became less popular. This was a problem for Finland because they had put so much focus on Nokia. Finland’s economy suffered for an extended period because of the company’s fall. A similar event is happening in Denmark with Novo Nordisk. Denmark’s economy is changing significantly because of its success. It’s good as it generates jobs and money. But it can also be a little risky if the company faces problems. It shows that depending too much on just one company can be tricky. It is like a coin with two sides — it can help a lot, but if something goes wrong, it can cause problems too. <a href="https://medium.com/illumination/company-makes-billions-combating-us-obesity-but-could-harm-its-country-364c3078d6a4">Read More</a>