Novo Nordisk, Zepbound
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Novo Nordisk Inks A Major Obesity Deal
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Drugmaker Novo Nordisk expects Wegovy weight-loss drug sales in the United States to start to recover once a ban on compound copycats is enforced this month, its CEO said on Wednesday after the company cut its 2025 forecasts.
Novo Nordisk is hedging and building its way around a global tariff war that may threaten the Wegovy maker’s plans to expand in the U.S. Karsten Munk Knudsen, Novo Nordisk’s chief financial officer, told Fortune the company is well-placed to handle the geopolitical upheaval that rocked global business in March and April.
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GlobalData on MSNNovo Nordisk cuts 2025 outlook due to compounding-hit Wegovy demandShares in Novo Nordisk were still up after Q1 2025 witnessed a total revenue jump by 18%, compared to Q1 2024.
Novo Nordisk's Q1 2025 results show a 19% sales increase, 20% operating income growth, and 14% net profit rise. Read why NVO stock remains a strong buy for me.
The weight-loss drug Wegovy slashes the risk of heart disease even before people shed many pounds, data suggests.The drug, which contains the active ingredient semaglutide, works by reducing food cravings and is also available for people with a high BMI.
Cuban annual raw sugar production will fall below 200,000 metric tons in 2025 for the first time since the 19th century, potentially leaving rum makers short of a key ingredient, according to recent official reports and an industry source.
The obesity drug helped people trim about two inches more off their waists than Wegovy in the first head-to-head study of the rival medicines.