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Stock impact report

Novo Nordisk Is Trading as If Obesity Drug Craze Never Happened [Yahoo! Finance Canada]

Eli Lilly and Company (LLY) 
Last eli lilly and company earnings: 4/23 06:25 am Check Earnings Report
US:NYSE Investor Relations: investor.lilly.com
as if the frenzy around weight-loss drugs that propelled the Danish pharmaceutical company's meteoric rise never happened. The shares have plunged more than 50% so far in 2025, on track for their worst-ever year, amid disappointing clinical trial results, multiple profit warnings and intense competition in the obesity-drug market. The slump has virtually wiped out several years of stellar gains that came after Novo's Wegovy drug was approved as a weight-loss treatment in 2021. Most Read from Bloomberg It's a stunning reversal of fortunes for a company that started this year as Europe's most valuable listed firm. And with the main compound patent for semaglutide — the key ingredient in Wegovy and Ozempic — set to expire in 2032 in the US, some investors are worried about where future sales growth will come from. “When I look at it right now, organically, their pipeline doesn't convince me that this situation is manageable,” said Paul Major, a portfolio manager at Bellevue Asset Show less Read more
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