Business Live: Novo Nordisk raises its forecasts fuelled by excessive demand for weight reduction medication

Join Ian King as Europe’s greatest firm Novo Nordisk raises its forecasts fuelled by excessive demand for its weight reduction and diabetes medication.

We start this morning with information of Europe’s greatest firm, Novo Nordisk – which is as soon as once more elevating its gross sales and earnings forecasts for the yr.

That mirrored surging demand for its anti-diabetes and weight-loss medication Ozempic and Wegovy. Sales of Wegovy doubled within the quarter – with 25,000 Americans beginning on the model each week throughout the quarter.

The Danish firm not too long ago purchased the US drug manufacturing agency Catalent with a view to step up manufacturing for its blockbuster medication

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