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Novo Nordisk Gains Momentum with Oral Wegovy Launch Amid Eli Lilly Rivalry
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Novo Nordisk Gains Momentum with Oral Wegovy Launch Amid Eli Lilly Rivalry
Despite Novo Nordisk’s early dominance in the GLP-1 sector, the company has recently trailed behind Eli Lilly, which recently became the first pharmaceutical firm to reach a $1 trillion market cap. However, the launch of Novo’s oral version of Wegovy has provided a significant boost, securing 3,100 scripts in its first week—outperforming the initial launch week of Lilly’s Zepbound. This success led to a 6.5% surge in Novo’s stock, signaling a po…
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