Learn more

The rush on weight loss drugs has sent Danish drugmaker Novo Nordisk’s market value to new records as its share prices soared rapidly after Europe’s biggest company shared better-than-expected results in its latest earnings report. The firm behind weight loss drug Wegovy and diabetes drug Ozempic has reported that its sales increased by 31% and its net profit surged by 51% in 2023 compared to the previous year (both in Danish kroner). Growth was driven by Novo’s obesity care sales which jumped by 154% compared to the previous year. Sales skyrocket for weight-loss drug firm Novo NordiskNovo Nor…

cuu