Pershing Square Raises $5 Billion in Landmark U.S. IPO and Share Placement 
Advantest Stock Falls on Weak Outlook Despite Strong AI-Driven Results 
OpenAI Faces Revenue Pressure and User Growth Challenges Ahead of IPO 
AstraZeneca Q1 2026 Earnings Surge on Strong Oncology and Rare Disease Drug Sales 
Toyota Global Vehicle Sales Decline in March Amid RAV4 Transition and Middle East Slowdown 
Novartis Q1 2026 Earnings Miss Expectations as Generic Competition Pressures Sales 
Nomura Shares Drop After Profit Miss Despite Strong Revenue Growth 
Brazil Pension Fund Crackdown After Banco Master Collapse Raises Investment Concerns 
Starbucks Raises 2026 Outlook as Turnaround Strategy Boosts Sales and Earnings 
DeepSeek Slashes AI Model Pricing to Boost Adoption and Challenge Global Rivals 
Air Liquide Q1 Revenue Misses Estimates Amid Currency and Energy Headwinds 
U.S. Demand for Alternative Satellite Providers Remains Strong Amid SpaceX Regulatory Push 
Kia Cuts EV Prices in Europe as Chinese Carmakers Intensify Competition 
Micro Systemation Reports Q1 Loss Amid Strategic Investments and Revenue Growth 
Chinese Chip Stocks Surge on AI Boom and Domestic Tech Push 
Australia Targets Meta, Google, and TikTok With New News Payment Tax Proposal 
Robinhood Q1 Earnings Miss Expectations, Stock Drops After Hours 
Press release
NNIT renews agreement with Novo Nordisk
NNIT enters into a 6-year-agreement with Novo Nordisk, replacing and extending an existing infrastructure outsourcing contract between the two parties, covering global services including support and maintenance of Novo Nordisk's corporate IT infrastructure.
Copenhagen, May 04, 2017 - NNIT, a leading provider of IT services and consultancy, announces that it has signed an extension of its infrastructure outsourcing agreement with Novo Nordisk.
The estimated total value of the agreement amounts to approximately DKK 1bn and covers global services, including support and maintenance of Novo Nordisk's corporate IT infrastructure.
The agreement covers Novo Nordisk's global IT infrastructure and further supports the pharmaceutical company's cloud strategy and.
"The agreement marks the continuation of a long and successful collaboration between Novo Nordisk and NNIT," says Jacob Hahn Michelsen, Senior Vice President, NNIT. He continues: "Novo Nordisk calls for very competitive solutions that have been tailored to the life science industry so we are proud to be able to match their high expectations."
By 2020, approximately 34 million diabetes patients worldwide will depend on Novo Nordisk medicine, and the global IT organization plays a key role in providing the IT infrastructure, systems and services needed to cater for this in an efficient, compliant and secure manner.
"By choosing NNIT as a partner we have secured effective and efficient IT for an organization, which is growing globally, while keeping ourselves ready to adopt the emerging technologies and build them into our solutions for tomorrow's business," explains Vincent Turgis, Chief Information Officer, at Novo Nordisk.
The agreement is effective as of January 1, 2017 and runs until end 2022, replacing the existing agreement, which was set to expire by the end 2017.
***
This press release expands upon Company Announcement 04, issued to Nasdaq Copenhagen on Thursday, May 4, 2017 at 5:12pm.
***
More information
Helga Heyn, NNIT Communications, +45 30 77 81 41, [email protected]
About NNIT
NNIT A/S is one of Denmark's leading IT service providers and consultancies. NNIT A/S offers a wide range of IT services and solutions to its customers, primarily in the life sciences sector in Denmark and internationally and to customers in the public, enterprise and finance sectors in Denmark. As of March 31, 2017 NNIT A/S had 2,868 employees.
For more information please visit www.nnit.com.
