Novo Nordisk’s sales from its obesity and diabetes care products increased by 36% to $14.6 billion (99 billion Danish kroner) in the first half of this year, driven mainly by its GLP-1s like semaglutide, which just read out cardiovascular data in the SELECT trial in obese patients.
Novo’s strong first-half earnings are a sign that the popularity around GLP-1 medications is still only just starting to heat up, and it’s going to lead to more manufacturing pressure while discussions evolve around how the medications are paid for.
Unlock this article instantly by becoming a free subscriber.
You’ll get access to free articles each month, plus you can customize what newsletters get delivered to your inbox each week, including breaking news.