NORDIC DAYBOOK: Novo Nordisk Loses Patent Ruling Over Prandin

Novo Nordisk A/S (NOVOB), the world’s biggest maker of insulin, lost a U.S. court ruling that may let competitors create generic versions of its Type 2 diabetes treatments Prandin and PrandiMet.


WHAT TO WATCH: * Sweden’s Riksdag Finance Committee open hearing on developments on housing market at 11:00 a.m. to 1:00 p.m. Financial Markets Minister Peter Norman and Riksbank Deputy Governor Barbro Wickman-Parak among participants. * OECD Report on Swedish economy with presentation by Secretary General Jose Angel Gurria and Finance Minister Anders Borg in attendance at 9:00 a.m. News conference set for 11:30 a.m. * Hewlett-Packard Co. (HPQ) sponsors discussion of LTE telecom services at Aalto University in Helsinki at 5 p.m.

ECONOMY: * Norway central bank publishes survey of fourth-quarter bank lending at 10 a.m. * Norway central bank publishes regional network survey of enterprises at 10 a.m. * Statistics Denmark publishes Jan. consumer confidence indicator at 9:30 a.m.

MARKETS: * Nasdaq OMX Helsinki 25 Index fell 2.1% to 2,640.51 * The OMX Stockholm 30 Index declined 2.0 percent to 1,155.64 * Oslo’s OBX Index fell 1.8% to 397.940 * The Copenhagen 20 Index declined 1% to 470.32 * Swedish krona -- U.S. 6.6240 - EU 8.9203 * Norwegian krone -- U.S. 5.8198 - EU 7.8381

EARNINGS: * Orc Software (ORC SS) 4Q, 8:00 a.m (Net SK16M) * Investor AB (INVEA) 4Q, 8:15 a.m. * Avanza (AZA SS) 4Q, 8:15 a.m. (Net SK65M) * Sony Ericsson (237523Z LN) 4Q, 8:30 a.m.

GOVERNMENT: * The Prime Ministers of the U.K., Sweden, Denmark, Finland, Norway, Iceland, Estonia, Latvia and Lithuania are meeting in London.

BLOOMBERG TV: * U.K. Prime Minister David Cameron hosts Nordic, Baltic leader summit, 2:30-3:30 p.m.

To contact the editor responsible for this story: Gelu Sulugiuc at

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.