Ozempic maker Novo Nordisk to spend $4.1bn on North Carolina facility

Novo Nordisk (NYSE:NVO) is investing $4.1 billion to expand its US manufacturing, focusing on its high-demand weight-loss drugs, Ozempic and Wygovy. The investment will fund a new 1.4 million squar...

Novo Nordisk says Semaglutide approved for long-term weight management in China

Novo Nordisk's drug Semaglutide has been approved in China for long-term weight management, the company said in a post on an official WeChat account on Tuesday.

Novo Nordisk Invests $4.1 Billion For New US Facility—Boosting Ozempic Production

Novo Nordisk will invest $4.1 billion to develop a new manufacturing facility in the U.S., which will be used to boost production for the company's weight loss and diabetes drugs Wegovy and Ozempic...

Novo Nordisk announces 4.1 billion USD investment to expand US manufacturing capacity adline

In 2024, Novo Nordisk plans to boost its current investments, aiming to allocate USD 6.8 billion towards production, a significant increase from the previous year's investment of USD 3.9 billion*.

Novo Nordisk to build $4.1 billion North Carolina facility to boost output of Wegovy, Ozempic

Novo Nordisk said it will spend $4.1 billion to boost the supply of its blockbuster weight loss drug Wegovy, diabetes treatment Ozempic and other injectable therapies.  The investment will fund a n...

Novo's Wegovy induces higher weight loss in women than men with same heart condition, study shows

Novo Nordisk's popular obesity drug Wegovy helped women with a common heart disease lose more weight than men who had the same condition, an analysis of study data published in a medical journal ha...

The Best Could Be Yet to Come for Novo Nordisk and Ozempic

Novo Nordisk's top-two blockbuster drugs include the same active ingredient -- semaglutide. The company is testing an even higher-dose version of semaglutide, which may yield even better results.

Novo Nordisk CEO to testify in US Senate hearing on high cost of Ozempic, Wegovy

The Senate Committee on Health, Education, Labor, and Pensions said on Friday that Novo Nordisk CEO Lars Jorgensen has agreed to testify voluntarily in a hearing focusing on U.S. prices for weight ...

Novo Nordisk A/S - share repurchase programme

Bagsværd, Denmark, 10 June 2024 – On 6 May 2024, Novo Nordisk initiated a share repurchase programme in accordance with Article 5 of Regulation No 596/2014 of the European Parliament and Council of...

Here's Why Demand for Ozempic and Wegovy Could Soar Even Higher

Novo Nordisk has two hugely successful assets in Ozempic and Wegovy. A recent trial also found semaglutide effective for treating chronic kidney disease.

European stocks open higher as markets anticipate first ECB rate cut since 2019; Novo Nordisk up 3.5%

European stocks opened higher Thursday, with markets anticipating the ECB will cut borrowing costs for the first time since September 2019.

Focus: Novo Nordisk braces for generic challenge to Ozempic, Wegovy in China

Novo Nordisk is facing the prospect of intensifying competition in the promising Chinese market where drugmakers are developing at least 15 generic versions of its diabetes drug Ozempic and weight ...

Is Trending Stock Novo Nordisk A/S (NVO) a Buy Now?

Zacks.com users have recently been watching Novo Nordisk (NVO) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

Where Will Novo Nordisk Be in 10 Years?

Novo Nordisk has been a dominant stock lately thanks to Ozempic, and to a lesser extent, Wegovy. The weight-loss market will, however, get a lot more crowded over the next 10 years.

Wegovy users have less kidney-related health problems, analysis of Novo study finds

Novo Nordisk's Wegovy obesity drug reduced adverse kidney-related events by 22% in overweight and obese people in a large study, according to a new analysis the Danish drugmaker published on Saturday.


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