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Stock impact report

Eli Lilly vs. Novo Nordisk: Which Is the Better Stock Buy? [Yahoo! Finance]

Novo Nordisk A/S (NVO) 
Last novo nordisk a/s earnings: 2/5 01:31 am Check Earnings Report
US:NYSE Investor Relations: novonordisk.com/investors.html
Company Research Source: Yahoo! Finance
Even considering its seemingly more reasonable valuation, Novo Nordisk comes in second place. 10 stocks we like better than Eli Lilly › Eli Lilly (NYSE: LLY) and Novo Nordisk (NYSE: NVO) have a lot in common. They both have made significant breakthroughs in the market for diabetes medicine, a field in which they have been competing with one another for decades. Now, they are also competing in the weight loss market, which is projected to grow rapidly in the coming years. Given the high demand for this relatively new product category, which of these two pharmaceutical giants is the better bet for investors to cash in on the weight loss craze? In my view, there is no contest: It's Eli Lilly. Let's find out why. Novo Nordisk had a first-mover advantage in the market for weight management medicines. Diabetes drug Ozempic was introduced in 2018, and its effectiveness as a weight loss drug soon had doctors prescribing it off-label. Eventually, Wegovy (a different formulation of the Show less Read more
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