Buy­out deal loom­ing, No­vo Nordisk raids As­traZeneca for a new chief to run its strug­gling bio­phar­ma busi­ness

Fresh off the heels of an R&D re­or­ga­ni­za­tion an­nounced last month, Dan­ish drug­mak­er No­vo Nordisk has ap­point­ed As­traZeneca’s Lu­dovic Helf­gott as ex­ec­u­tive vice pres­i­dent of its fledg­ling bio­phar­ma busi­ness.

Helf­gott is set to re­place com­pa­ny vet­er­an and for­mer No­vo CFO Jes­per Brandgaard in April next year, who is re­tir­ing fol­low­ing a twen­ty-year stint with the Dan­ish com­pa­ny best known for its raft of di­a­betes treat­ments.

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