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...Nordisk’s Wegovy, which imitates a hormone called GLP-1....
...Kasim Kutay, Novo Holdings chief executive and a Novo Nordisk board member, told the Financial Times that rising income from its 28 per cent stake in Novo Nordisk and other investments would give his fund...
...A number of celebrity endorsements and the success of Novo Nordisk and Eli Lilly’s treatments in helping users lose weight have made the drugs hugely popular, sparking supply shortages....
...But she said if Novo Nordisk could develop such a treatment, it would be “ideal”....
...He said Novo Nordisk was facing a “similar challenge” as some of the companies selling advanced therapies....
...Novo Nordisk has struck a €1bn deal for Cardior Pharmaceuticals, a German biotech company developing RNA-based therapies to treat heart disease, as it seeks to build expertise in diseases beyond diabetes...
...Novo Nordisk purchased Dicerna Pharmaceuticals, a company focused in RNA-based therapeutics, for $3.3bn in 2021....
...A new study by Novo Nordisk has shown that its blockbuster drug Ozempic cut the risk of death, disease progression and cardiovascular issues by 24 per cent for patients with type 2 diabetes and chronic kidney...
...Novo Nordisk shares have hit a new record after the Danish drugmaker revealed early stage results for a new weight loss pill that offers better results than its blockbuster Wegovy....
...Novo Nordisk is the second-ever European company to achieve a $500bn market value following LVMH last April....
...The awards ceremony prompted a rash of “the winner is . . . Ozempic” takes, referring to the diabetes and obesity medicine produced by Eli Lilly’s rival in the category, Novo Nordisk....
...However, the plants will not enable Novo Nordisk to ramp up production until 2026....
...Novo Nordisk’s blockbuster weight loss drugs powered the company to record a 36 per cent increase in sales last year....
...I don’t think shareholders of Novo Nordisk, now Europe’s most valuable company and celebrating a century of profitable growth, would agree....
...A Novo Nordisk trial published in November studied more than 17,600 people aged above 45 with obesity who had cardiovascular disease, but not diabetes, comparing Wegovy with a placebo....
...The success of Ozempic and Wegovy has delivered a windfall to Novo Holdings, which is paid a dividend by Novo Nordisk....
...Novo Nordisk shares hit a record high on Wednesday, as the Danish pharma group’s blockbuster weight-loss drugs powered a surge in sales and profits last year, cementing its position as Europe’s most valuable...
...Surging demand for a new class of diabetes and weight-loss drugs has caused a huge jump in revenues at Novo Nordisk and Lilly, creating a market that could be worth about $100bn by the end of the decade,...
...In addition to the phase 3 study, Novo Nordisk has launched a head-to-head trial of Wegovy versus Zepbound....
...Novo Holdings, the controlling shareholder in Novo Nordisk, has signed a $16.5bn deal to acquire US-based medicines manufacturer Catalent, in a deal that will bolster the Danish drugmaker’s supply chain....
...It also ensured Novo Nordisk was not for sale. “So not even Elon Musk in a wild night could take over or attempt to take over Novo Nordisk,” he says....
...Like Novo Nordisk’s Wegovy and Ozempic, Viking’s VK2735 mimics the GLP-1 hormone that can suppress appetite....
...The deals are the first signed under a collaboration between Novo Nordisk and Flagship Pioneering in May 2022....
...Worth noting is that although the Novo Nordisk Foundation owns about 28 per cent of the shares in the pharmaceutical company Novo Nordisk A/S, the two organisations are individual entities with separate...
...Read more about Novo Nordisk here....
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