PlainPharmaWatch

CMS Open Payments · Program Year 2024

Novo Nordisk Inc

Novo Nordisk Inc reported $30,880,705.67 across General Payments, Research, and Ownership to 495,369 physicians and teaching hospitals across 497,147 transactions.

$30.9M
All-tracks total
497,147
Transactions
495,369
Recipients
+$3.4M
General Payments vs PY2023

Novo Nordisk Inc reported $30,880,705.67 across all CMS Open Payments tracks (General + Research + Ownership) to 495,369 physicians and teaching hospitals in Program Year 2024 - ranking #70 of 1,925 reporting manufacturers (0.2% of the all-tracks industry total); General Payments alone were $25,466,535.69, averaging $62.34 per recipient.

Data currency: Figures are rendered from the processed CMS Open Payments release. See our methodology for source dates and refresh cadence. Spot a figure that looks wrong? Report a correction.

CMS Sunshine Act warrant

Manufacturer novo-nordisk-inc Novo Nordisk Inc

$30.9M · #70/1,925 · 0.2% industry · PY2024

  • TOT $30.9M
  • RANK #70
  • SHARE 0.2%
  • TXN 497,147
  • RCP 495,369
  • CAT 8
  • GEN $25.5M
  • ΔGEN +$3.4M
  • TOP1 0.4%
  • PY 2024

Nearest volume peer: Chiesi USA, Inc. ($30.8M)

Medical Device Business Serv…$31.1MEisai Inc.$31.1MNovo Nordisk Inc (this)$30.9MChiesi USA, Inc.$30.8MNovavax Inc$30.4M
All-tracks payment totals near Novo Nordisk Inc (CMS Open Payments PY2024)

Novo Nordisk Inc sits among 1,925 manufacturers disclosing under the Physician Payments Sunshine Act. Volume peers below are nearest by all-tracks total, not corporate affiliates. Open the company rankings →

Release-over-release change

General Payments changed from PY2023 to PY2024

Novo Nordisk Inc's CMS-reported General Payments increased by $3.4M (+15.7%) from PY2023 to PY2024.

How this year-over-year comparison is scoped

The comparison uses consecutive CMS program years only (current = prior + 1) from the manufacturer General Payments summary and excludes research and ownership or investment records. Non-consecutive year pairs are not shown as year-over-year change. This General Payments figure is not the all-tracks company total in the hero.

CMS source labels for this exact identifier: PY2022: NOVO NORDISK INCPY2023: NOVO NORDISK INCPY2024: Novo Nordisk Inc. Matching identifiers support a bounded record comparison; a label difference would be reported as unresolved rather than treated as a corporate event.

Subscribe to this company's source-bounded update feed It publishes only identifier-matched CMS release comparisons, never inferred company events.

General Payments: PY2023 vs PY2024

Annual CMS-reported totals for this company, not an all-category Open Payments total

PY2023$22.0MPY2024$25.5M
PY2023
$22,019,837.22
PY2024
$25,466,535.69

What the Data Shows for Novo Nordisk Inc

Rank #70 of 1,925 companies in CMS Open Payments for 2024 belongs to Novo Nordisk Inc, which reported $30,880,705.67 across 497,147 transactions to 495,369 recipients - representing 0.2% of all industry payments reported nationwide for the year. Averages work out to $62.12 per transaction and $62.34 per recipient.

Of the 8 general-payment categories charted below, "Food and Beverage" is the largest at $9.9M across 483,068 transactions, 38.9% of this company's General Payments (see our methodology for how research and ownership payments are reported separately).

General Payment Breakdown by Type

"Food and Beverage" leads Novo Nordisk Inc's 8-category general-payment breakdown at $9.9M, 38.9% of the reported total.

Novo Nordisk Inc reports 8 general-payment categories - the top three are Food and Beverage (38.9%), Compensation for Services Other Than Consulting (38.6%), and Consulting Fee (15.6%). The remaining 5 categories make up 6.8% of this company's reported general-payment total. That multi-category mix is the kind of profile single-category reporters cannot show.

Category breadth matters here: Novo Nordisk Inc files across 8 named CMS general-payment types in Program Year 2024, versus manufacturers that report a single dominant category. The chart and table below enumerate every type with an amount above zero for this company.

How Novo Nordisk Inc divides its payments

General-payment categories, ordered by reported total

1. Food and Beverage$9.9M2. Compensation for Services…$9.8M3. Consulting Fee$4.0M4. Travel and Lodging$1.3M5. Space Rental or Facility …$175.2K6. Grant$119.6K7. Education$95.8K8. Honoraria$10.0K
Payment Type Amount Transactions
Food and Beverage $9.9M 483,068
Compensation for Services Other Than Consulting $9.8M 5,182
Consulting Fee $4.0M 1,100
Travel and Lodging $1.3M 3,157
Space Rental or Facility Fees $175.2K 116
Grant $119.6K 6
Education $95.8K 2,735
Honoraria $10.0K 5

Recipient Concentration in General Payments

The five largest recipient relationships account for $501,668.86 (2.0%) of $25,466,535.69 in this company's General Payments records across 110,660 recipients.

General Payments scope note

Program Year 2024 General Payments view only: excludes research and ownership/investment records, so it is not the all-category company total above.

Largest General-Payment relationships for Novo Nordisk Inc

The five named recipients with the highest reported General Payments from this company

Sanjay Rajagopalan$109.5KNaveed Ali Rajper$104.1KMatthew Budoff$99.6KSonal Kumar$98.4KCarolina Del Socorro Solis-H…$90.1K
  1. 1

    Sanjay Rajagopalan

    $109,475.72 across 52 reported transactions

  2. 2

    Naveed Ali Rajper

    $104,100.04 across 47 reported transactions

  3. 3

    Matthew Budoff

    $99,591.91 across 38 reported transactions

  4. 4

    Sonal Kumar

    $98,394.18 across 39 reported transactions

  5. 5

    Carolina Del Socorro Solis-Herrera

    $90,107.01 across 74 reported transactions

Compare this company's payment profile with similarly sized manufacturers in the company comparison tool, and consult the methodology for the CMS source scope.

Similarly Concentrated Companies

Companies whose General Payments are spread across recipients about as (un)evenly as Novo Nordisk Inc's, measured by the same HHI concentration index above, not by payment size.

What HHI 2,500 means here

2,500 is the DOJ/FTC merger-guidelines threshold for "highly concentrated" markets; used here only as a familiar concentration reference, not a legal finding about Novo Nordisk Inc.

Companies with Similar Payment Volumes

Open a profile or compare a similar company's CMS-reported payment pattern with Novo Nordisk Inc.

Showing 6 of 1,924 companies with CMS-reported payment data.

Data sourced from CMS Open Payments (Physician Payments Sunshine Act). See our methodology for details. Retrieved and formatted by PlainPharmaWatch
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.

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Every figure on PlainPharmaWatch is rendered directly from federal source data, no number is typed in by an editor. This page draws directly on federal source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-07-26.