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flag Novo Nordisk reports strong sales growth but lowers 2025 forecast due to competition.

flag Danish pharma giant Novo Nordisk reported a 16% sales increase to DKK 154.9 billion in the first half of 2025, with operating profit up 25%. flag Despite strong growth in US and international operations and in diabetes and obesity care—where its weight-loss drug Wegovy saw a 67% sales increase—Novo lowered its 2025 growth forecast to 8-14% due to increased competition and slower market expansion. flag The company also filed lawsuits against pharmacies and telehealth companies producing generic versions of its drugs.

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