Novo Nordisk falls sharply on the stock market after gloomy forecast

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Novo Nordisk falls sharply on the stock market after gloomy forecast
Photo: Richard Drew/AP/TT

Novo Nordisk's quarterly report, published on Tuesday evening after the Copenhagen stock exchange closed, shows that the company's sales and operating profit increased by 10 and 6 percent, respectively, in 2025, according to a press release.

The outlook for 2026, however, looks bleaker, with negative growth of 5 to 13 percent for both sales and operating profit, partly due to increased competition and the patent for the weight-loss drug semaglutide expiring in certain markets.

The stock is plummeting on the New York Stock Exchange, where it is also traded. By 6:30 p.m. Swedish time, the stock had fallen more than 14 percent.

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By TT News AgencyEnglish edition by Sweden Herald, adapted for our readers

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