Danish weight loss giant Novo Nordisk regains its place as Europe's most valued company, reports Bloomberg.
On Friday, Novo Nordisk rose by a couple of percent on the Copenhagen Stock Exchange to a total market value of $365 billion, equivalent to approximately SEK 3,470 billion.
Next in value is German software company SAP, $364.3 billion.
The former stock rocket Novo Nordisk has gone decidedly wrong in the past year, following among other things increasing competition from American Eli Lilly.
Now the stock is rising on hopes of new weight loss preparations.
