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CMS PY 2024 Company profile Open Payments data

NOVO NORDISK HEALTH CARE AG

NOVO NORDISK HEALTH CARE AG reported $647.6K in payments to physicians and teaching hospitals across 248 transactions in CMS Open Payments PY 2024.

Pharmaceutical payment transparency data for NOVO NORDISK HEALTH CARE AG. Ranked #670 of 1,797 companies by total payments. Source: CMS Open Payments, Program Year 2024.

Payment Overview

Total Payments

$647.6K

0.0% of all payments

Transactions

248

$2.6K avg

Recipients

208

$3.1K avg

Industry Rank

#670

of 1,797 companies

What the Data Shows for NOVO NORDISK HEALTH CARE AG

In Program Year 2024, NOVO NORDISK HEALTH CARE AG reported $647,632.72 in payments to 208 physicians and teaching hospitals across 248 individual transactions — an average of $2.6K per transaction and $3.1K per recipient. That total places NOVO NORDISK HEALTH CARE AG at rank #670 out of 1,797 companies in the CMS Open Payments database, representing 0.0% of all industry payments reported nationwide for the year. Payment volume at this scale is characteristic of manufacturers with broad prescriber engagement, active clinical research programs, or patented therapies generating ongoing royalty obligations.

The payment mix for NOVO NORDISK HEALTH CARE AG spans 5 distinct categories defined by CMS — including general payments (consulting, speaker fees, meals, travel), research payments tied to clinical trials, and ownership or investment interests. The largest single category is "Consulting Fee" at $281.9K, accounting for 43.5% of the company's reported total and 79 transactions. This distribution matters because different payment types carry different regulatory and ethical implications: research funding supports clinical development, while general payments like meals and speaker fees have been studied for their correlation with prescribing patterns in peer-reviewed journals such as JAMA Internal Medicine.

Recipient concentration is another useful lens. The top 5 recipients of payments from NOVO NORDISK HEALTH CARE AG received $0.00 combined — 0.0% of the company's total — with the remaining 100.0% distributed across the rest of the 208 recipients. A relatively distributed top-5 share suggests broader engagement across the prescriber community rather than concentration among a handful of high-value relationships. All figures above are drawn directly from the CMS Open Payments Public Use Files for PY2024 and are disclosed under the Physician Payments Sunshine Act; this page summarizes reported financial transfers and does not represent medical advice or judgment about individual prescribing decisions.

Payment Breakdown by Type

NOVO NORDISK HEALTH CARE AG made 5 types of payments. "Consulting Fee" accounts for 43.5%.

Consulting Fee $281.9K

43.5% · 79 transactions

Travel and Lodging $126.0K

19.5% · 50 transactions

Royalty or License $23.5K

3.6% · 7 transactions

Food and Beverage $8.9K

1.4% · 70 transactions

Compensation for Services Other Than Consulting $1.7K

0.3% · 2 transactions

Payment Type Amount Transactions
Consulting Fee $281.9K 79
Travel and Lodging $126.0K 50
Royalty or License $23.5K 7
Food and Beverage $8.9K 70
Compensation for Services Other Than Consulting $1.7K 2

Payment Size Analysis

Average transaction size: $2.6K. Average per recipient: $3.1K.

Total Amount

$647,632.72

Avg per Transaction

$2.6K

Avg per Recipient

$3.1K

Payment Transparency Context

The Physician Payments Sunshine Act (part of the Affordable Care Act) requires pharmaceutical and medical device manufacturers to report payments and transfers of value to physicians and teaching hospitals. These payments can include consulting fees, research grants, speaker fees, food and beverages, travel, royalties, and other forms of compensation.

Industry Total (2024)

$13.3B

across 1,797 companies

NOVO NORDISK HEALTH CARE AG Share

0.0%

#670 by total payments

Frequently Asked Questions

How much did NOVO NORDISK HEALTH CARE AG pay to physicians and hospitals in 2024?
NOVO NORDISK HEALTH CARE AG made $647,632.72 in payments to physicians and hospitals in Program Year 2024, across 248 individual transactions. This represents 0.0% of all industry payments reported to CMS Open Payments.
How many physicians received payments from NOVO NORDISK HEALTH CARE AG?
NOVO NORDISK HEALTH CARE AG made payments to 208 physicians and teaching hospitals in 2024. The average payment per recipient was $3.1K.
What types of payments did NOVO NORDISK HEALTH CARE AG make?
NOVO NORDISK HEALTH CARE AG made 5 different types of payments. The largest category was "Consulting Fee" at $281.9K, representing 43.5% of all payments.
How does NOVO NORDISK HEALTH CARE AG rank among pharmaceutical companies?
NOVO NORDISK HEALTH CARE AG ranks #670 out of 1,797 companies by total payment amount in the CMS Open Payments database for 2024.
What is the average payment size from NOVO NORDISK HEALTH CARE AG?
The average transaction from NOVO NORDISK HEALTH CARE AG was $2.6K in 2024. The company made 248 total transactions to 208 recipients.
Are the top recipients concentrated for NOVO NORDISK HEALTH CARE AG?
The top 5 recipients received $0.00 from NOVO NORDISK HEALTH CARE AG, representing 0.0% of the company's total payments. Payments are relatively well-distributed across recipients.
Where does the payment data for NOVO NORDISK HEALTH CARE AG come from?
This data comes from the CMS Open Payments program (Sunshine Act), which requires pharmaceutical and medical device companies to report payments and transfers of value to physicians and teaching hospitals. The data covers Program Year 2024.

Data Source: Centers for Medicare & Medicaid Services (CMS) Open Payments, Program Year 2024. Data includes general payments, research payments, and physician ownership/investment interests as required by the Physician Payments Sunshine Act. Total industry payments: $13.3B across 1,797 companies.

Related

Data sourced from official U.S. government datasets. See our methodology for details. Retrieved and formatted by PlainPharmaWatch Editorial

Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the CMS Open Payments program. Consult a qualified professional before making decisions based on this data.