Novo Nordisk ‘strongly’ urges against pharma tariffs as comments flood in
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Novo shares sink amid obesity drug competition - Business North Carolina
Novo Nordisk shares have lost more than half of their value in the 11 months since the Danish drugmaker said it’s going to spend $4.1 billion and create 1,000 jobs in a Johnston County expansion. The company’s troubles reflect stiffer competition for its obesity injection Wegovy — made in North Carolina — from rival Eli Lilly’s Zepbound treatment. Citing “recent market challenges” and the stock decline, Novo said earlier this month Lars Fruergaa…
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