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flag Novo Nordisk cuts 2025 sales and profit forecasts due to weaker US sales and competition.

flag Danish pharmaceutical giant Novo Nordisk has cut its 2025 sales forecast to 8-14% and operating profit to 10-16%, down from previous estimates, due to weaker US sales of its drugs Wegovy and Ozempic. flag The company faces increased competition, particularly from Eli Lilly’s Mounjaro, and has seen its market value drop by over €60 billion. flag Novo Nordisk has also appointed a new CEO, Maziar Mike Doustdar, to address these challenges.

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