The Ozempic Effect: How a Weight Loss Wonder Drug Gobbled Up an Entire Economy [Yahoo! Finance Canada]
Novo Nordisk A/S (NVO)
Last novo nordisk a/s earnings: 2/5 01:31 am
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Source: Yahoo! Finance Canada
They've won over the rich and famous, generated billions in sales and blown open a new market for weight loss drugs, which Goldman Sachs estimates will reach $100 billion a year by 2030. Most Read from Bloomberg The development of semaglutide, the key ingredient in the medicines, has also transformed their maker, Novo Nordisk, into Europe's most valuable company, with profound implications for its home country of Denmark. Novo's market capitalization of more than $570 billion is bigger than the Danish economy. Its philanthropic foundation is now the world's largest, with assets twice those of the Gates Foundation. The drugmaker's income tax bill in Denmark last year was $2.3 billion, and its massive investments and heightened production helped the domestic economy expand almost 2% — more than four times the EU average. That drove record government spending on defense, the green transition and support for Ukraine. ADVERTISEMENT Without Novo's contribution, the Danish economy wo
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NVO
News
- Ozempic maker Novo Nordisk says it will study drug's effects on alcohol consumption but isn't focused on addiction [Yahoo! Finance]Yahoo! Finance
- Wegovy users may keep the weight off for 4 years, drug's maker says [CBS News]CBS News
- Ozempic maker Novo Nordisk says it will study drug's effects on alcohol consumption but isn't focused on addiction [CNN]CNN
- UK weight-loss drug price rivalry intensifies with Pharmacy2U mark-down [Yahoo! Finance]Yahoo! Finance
- If You'd Invested $1,000 in Novo Nordisk Stock 5 Years Ago, Here's How Much You'd Have Today [Yahoo! Finance]Yahoo! Finance
NVO
Earnings
- 5/3/24 - Beat
NVO
Sec Filings
- 5/15/24 - Form 6-K
- 5/13/24 - Form 6-K
- 5/13/24 - Form 6-K
- NVO's page on the SEC website