Danish drug giant Novo Nordisk reports Q4 sales up 30%, but forecasts slower 2025 growth amid competition.
Danish pharmaceutical company Novo Nordisk reported strong Q4 2024 earnings, surpassing forecasts with a 30% sales increase to $12.25 billion. Wegovy sales more than doubled, and net profit rose 29%. For 2025, the company forecasts slower growth of 16-24% due to increased competition and pricing pressure. Novo Nordisk plans to file for CagriSema's regulatory approval in Q1 2026.
2 months ago
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