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Novo nordisk cautions that a number of important factors, including those described in this presentation, could cause actual results to differ materially from those contemplated in any. Eli lilly has built early momentum, while novo nordisk must navigate growing threats from copycat products to. Sales of novo nordisk's blockbuster wegovy obesity drug rose 67% in the second quarter despite continued competition from compounded drug makers
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With sales of novo nordisk’s obesity blockbuster wegovy more than doubling in 2024’s fourth quarter, the danish drugmaker feels confident that it can maintain its edge over. The global obesity drug market stands at a critical turning point The company is also a global obesity.
We view novo nordisk and eli lilly as overvalued, with the market likely projecting too much market penetration for obesity drugs or expecting obesity drug pricing to remain stable.
My best guess is that novo nordisk will rebound over the next 12 months However, whether or not the stock can deliver a 35% gain during that period remains to be seen. Novo shares have fallen sharply over the past year The lowered sales outlook for 2025 is driven by lower growth expectations for the second half of 2025, the company said in.
