[astrange]

Novo Nordisk is majority owned by a charity and is therefore not a for-profit entity.

> What galls me is people assume the best for new drugs instead of forcing the _for profit_ entity to prove it's actually safe and useful.

That's what the FDA approval process is. They already did that in 2017.

[throwup238]

Novo Nordisk Foundation is a nonprofit but Novi Nordisk the pharmaceutical company is very much a for profit entity - it’s publicly traded on several stock exchanges including the NYSE. The foundation owns most of the voting shares but only about a quarter of all outstanding shares.