Novo Nordisk and Ginkgo Bioworks Are Teaming Up. Here's Why That's Bullish for Both Stocks. [Yahoo! Finance]
Novo Nordisk A/S (NVO)
Last novo nordisk a/s earnings: 2/5 01:31 am
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Source: Yahoo! Finance
manufacturing collaboration that could benefit both companies. Details about the financial terms of their team-up are scarce, but there are at least a few reasons why shareholders should be optimistic. Here's what's going on, and some points to consider if you're pondering an investment in either business right now. Massive manufacturing needs will require novel manufacturing solutions The new strategic partnership between Novo Nordisk and Ginkgo will cover five years, and it builds upon an earlier and much smaller collaboration program. This time, the focus will be on manufacturing therapies for chronic diseases, including drugs that are competing in core segments for Novo Nordisk, like diabetes and obesity medications. The pair will also work together on advancing unspecified early-stage programs, as well as on generalizable manufacturing technologies that could help with the mass production of other types of drugs in Novo's product portfolio. It's easy to see why the two
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News
- How expanded use of GLP-1s could affect long-term outlooks for Eli Lilly and Novo Nordisk [Yahoo! Finance]Yahoo! Finance
- Should You Invest in Novo Nordisk (NVO) Ahead of Q1 Earnings? [Yahoo! Finance]Yahoo! Finance
- UPDATE 1-One dose of Novo Nordisk's Wegovy back in supply, FDA website shows [Yahoo! Finance]Yahoo! Finance
- No belt-tightening for obesity meds with market set to swell 10-fold [Yahoo! Finance]Yahoo! Finance
- Siri's First Head of Product and Design Launches Proemial, a New AI Startup Combating Misinformation [Yahoo! Finance]Yahoo! Finance
NVO
Earnings
- 11/3/23 - Beat
NVO
Sec Filings
- 4/26/24 - Form 6-K
- 4/25/24 - Form 6-K
- 4/25/24 - Form 6-K
- NVO's page on the SEC website