Wegovy Maker Novo Shares Slump as Management Grilled on Pricing, M&A - Regional Media News
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7 Articles
Wegovy maker Novo shares slump as management grilled on pricing, M&A
On Monday's Capital Markets Day, Mike Doustdar himself highlighted the "elephant in the room", but if you ask two analysts, it was just one of several topics that the market wanted answers to.
Novo CEO Mike Doustdar will answer a number of questions from analysts and investors on Monday. This will take place at the company's Capital Markets Day, where Novo's future portfolio of drugs will once again be high on the agenda, analysts estimate.
Analyst assessed that Novo's capital markets day was like a meltdown
Novo Nordisk's actions retreated on Monday, while executives faced difficult questions from analysts about the power of pharmaceutical precision and its strategy of mergers and acquisitions, faced with the proximity of the expiration of important patents. Novo intends to launch more than five highly successful drugs by 2030 and generate more than 150 [...]
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