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Novo Nordisk CEO says he's confident about Wegovy supply, next-generation weight loss drugs
NVONovo Nordisk(NVO) CNBC·2025-02-06 04:15

It's been a rocky few months for Novo Nordisk.Prescription data from IQVIA suggests Novo's obesity drug Wegovy is losing ground to rival Zepbound from Eli Lilly. Wegovy's potential successor, CagriSema, came up short of investor expectations in a closely watched Phase 3 trial. Novo's stock has fallen more than 20% over the last year, and people feared things would get even worse when the company released fourth-quarter earnings and its 2025 outlook on Wednesday.Instead, Novo beat fourth-quarter expectations ...