Pharmaceutical There was good news for Danish insulin giant Novo Nordisk (NVO: N) yesterday, when the European Commission approved the extended use of the firm's basal insulin analogue, Levemir (insulin detemir), in children aged two to five years with type 1 diabetes, making insulin detemir the only basal insulin analogue for use in this young patient group supported by its Summary of Product Characteristics (SmPC). 3 November 2011