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Novo Nordisk

20 stories · 5 sources · updated every week
Novo Nordisk's stock tumbled on September 21-22 as investors questioned its post-2023 growth strategy beyond Wegovy, which loses exclusivity in the early 2030s. CEO Lars Fruergaard Jørgensen defends diversification and M&A, while the company rebrands Wegovy for "customers" to expand its GLP-1 market. Watch for Novo's Q4 earnings to see how its 61% U.S. GLP-1 share and 80%+ new oral prescription share translate into sustained growth.

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