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Effect of Novo Nordisk fire on Denmark's Q2 GDP
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Resolution / Starting Odds
GDP decline over 0.5% • 25%
GDP decline 0.1% to 0.5% • 25%
No significant change • 25%
GDP growth • 25%
Official GDP report from Denmark's government
Story
Novo Nordisk HQ in Denmark Hit by Major Fire for Second Time, Building in Danger of Collapse
May 22, 2024, 10:40 AM
Novo Nordisk's global headquarters in Bagsvaerd, Denmark, has been hit by a significant fire, marking the second blaze at a Novo Nordisk facility within a week. The fire, which began outside and spread to the offices, has not yet been brought under control, and the building is in danger of collapsing, according to the fire chief. Emergency services are working to extinguish the blaze, which is expected to last 6-8 hours. No injuries have been reported. This incident follows a recent report indicating Denmark's economy shrank by 1.8% due to reduced pharmaceutical production, highlighting Novo Nordisk's significant impact on the national economy. Novo Nordisk is known for producing Ozempic.
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