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Novo Nordisk A/S is a healthcare company which engages in the research, development, manufacture and marketing of pharmaceutical products. It operates through the following segments: Diabetes and Obesity Care and Biopharmaceuticals. The Diabetes and Obesity Care segment covers products for insulin, GLP-1 and its related delivery systems, oral antidiabetic products and obesity. The Biopharmaceuticals segment offers products for haemophilia, growth hormone therapy and hormone replacement therapy. The company was founded by Harald Pedersen and Thorvald Pedersen in 1925 is headquartered in Bagsværd, Denmark.