ZEAL on Nasdaq Copenhagen A/S

Zealand Pharma

Logo: Zealand Pharma A/S, Public domain, via Wikimedia Commons4

Danish biotechnology research company

Zealand Pharma A/S is a Danish biotechnology research company, which designs and develops peptide-based medicines, mainly focusing on metabolic diseases like diabetes and obesity. The company's head office is situated in Søborg near Copenhagen, and it has close to 200 employees.3 From Wikipedia, CC BY-SA 4.0

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Last updated Oct 16, 2026.

Overview

292.6MRevenue, fiscal 20215
-1.0BNet income, fiscal 20215
1998Founded1

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  • TickerZEAL on Nasdaq Copenhagen A/S1
  • Industrypharmaceutical industry1
  • HeadquartersGlostrup1
  • Websitewww.zealandpharma.com
  • Incorporated inDenmark6
  • Business addressSydmarken 11, 2860 Soeborg, Copenhagen, G7 000006
  • Filer categoryLarge accelerated filer6

Zealand Pharma A/S is a Danish biotechnology research company, which designs and develops peptide-based medicines, mainly focusing on metabolic diseases like diabetes and obesity. The company's head office is situated in Søborg near Copenhagen, and it has close to 200 employees. In 2018, they opened a subsidiary in the US. Zealand Pharma forms part of the Danish-Swedish life science cluster Medicon Valley.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from. Figures are in DKK, the currency the company reports in.

Key numbers, fiscal 2021

59.4%Gross margin5
-359.7%Operating margin5
-348.0%Net margin5
-17.2%Revenue growth, 20215
-109.7%Return on equity5
-1.2B DKKFree cash flow5

Where the money goes

Where each dollar of revenue went, fiscal 2021

  • Other costs100¢292.6M DKK

Out of 292.6M DKK in revenue.5 The company lost money this year.

Financial statements

Revenue5292.6M DKK in 2021+608% since 2019
0100.0M DKK200.0M DKK300.0M DKK400.0M DKK2019: 41.3M DKK41.3M DKK20192020: 353.3M DKK353.3M DKK2020+755%2021: 292.6M DKK292.6M DKK2021−17%
Gross profit5173.8M DKK in 2021+325% since 2019
0100.0M DKK200.0M DKK300.0M DKK2019: 40.9M DKK40.9M DKK20192020: 262.7M DKK262.7M DKK2020+542%2021: 173.8M DKK173.8M DKK2021−34%
Operating income5-1.1B DKK in 2021+79% since 2019
-1.5B DKK-1.0B DKK-500.0M DKK02019: -587.9M DKK-587.9M DKK20192020: -792.4M DKK-792.4M DKK2020+35%2021: -1.1B DKK-1.1B DKK2021+33%
Net income5-1.0B DKK in 2021+78% since 2019
-1.5B DKK-1.0B DKK-500.0M DKK02019: -571.5M DKK-571.5M DKK20192020: -846.7M DKK-846.7M DKK2020+48%2021: -1.0B DKK-1.0B DKK2021+20%
Fiscal year2018201920202021
Revenue41.3M DKK5353.3M DKK5292.6M DKK5
Gross profit40.9M DKK5262.7M DKK5173.8M DKK5
Operating income-587.9M DKK5-792.4M DKK5-1.1B DKK5
Net income-571.5M DKK5-846.7M DKK5-1.0B DKK5
Earnings per share-17 DKK/shares5-22 DKK/shares5-24 DKK/shares5
Earnings per share (diluted)-17 DKK/shares5-22 DKK/shares5-24 DKK/shares5

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How it started

History

Zealand Pharma A/S was founded by Bjarne Due Larsen, Lars Hellerung Christiansen, Leif Helth Jensen, Dan Buxbom, and Florian Schönharting in 1997 as Peptide Probe Technologies ApS, a biopharmaceutical company focused on the design and development of peptide-based medicine.

In 1998, the company changed its name to Zealand Pharma ApS following the addition of several new members, including Eva Steiness and former Lundbeck personnel. Eva Steiness was appointed CEO when the company was restructured into a stock corporation, Zealand Pharma A/S, in the spring of 1999.

In 2005, Zealand Pharma tried to be listed on the stock exchange, but had to resign for want of interest from investors. In 2010, they finally succeeded in being listed, and the stocks are now traded at the Copenhagen Stock Exchange (NASDAQ OMX København).

On January 15, 2015, Britt Meelby Jensen acquired the position as CEO from David Solomon, who had led the company during the years 2008–2014. In February 2019, Jensen left her position, and in April 2019, Emmanuel Dulac was chosen and inaugurated as CEO. Dulac has worked both European and American companies within the pharmaceutical industry.

In September 2019, the Dutch family foundation Van Herk Investments injected 560 million Danish Kroner (approx. 64 million pound sterling) into Zealand Pharma, which means the foundation owns a fifth of the company's shares. In October 2019, Zealand Pharma bought up the Canadian biotechnology company Encycle Therapeutics.

From Wikipedia’s article on Zealand Pharma, shared under CC BY-SA 4.0.3

Leadership

Who has led Zealand Pharma, and when. Pick a name to see everywhere that person has worked.

200020052010201520202025

Timeline

  1. Jan 15, 2015New chief executive Britt Meelby Jensen becomes CEO1
  2. 1998Founded Founded1

Recent filings

  1. Sep 7, 20226-K
  2. Aug 31, 20226-K
  3. Aug 26, 20226-K
  4. Aug 10, 20226-K
  5. Jun 2, 20226-K
  6. May 24, 20226-K
  7. May 20, 20226-K
  8. May 16, 20226-K
  9. Apr 22, 20226-K
  10. Apr 5, 202220-F/A
  11. Mar 30, 20226-K
  12. Mar 25, 202220-F
  13. Mar 22, 20226-K
  14. Mar 15, 20226-K
  15. Mar 14, 20226-K

Every filing from the last three years, summarized. The full record is on SEC EDGAR.2

Sources

The numbers on this page point here. Each one links to the record it came from.

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