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Novo Nordisk cut 2025 forecasts due to U.S. competition, pricing, and restructuring costs.
Novo Nordisk has lowered its 2025 growth forecasts for sales and operating profit, citing increased competition, pricing pressures, and widespread use of lower-cost compounding versions of Ozempic and Wegovy in the U.S.
Despite strong sales growth for both drugs, the company now expects sales growth of 8% to 11% and profit growth of 4% to 7%, down from prior targets.
Net profit fell 27% to 20 billion Danish kroner due to 9 billion kroner in restructuring costs tied to a 9,000-job reduction.
CEO Mike Doustdar leads a major transformation, including a $10 billion bid for Metsera that Pfizer is challenging in court.
The company is also expanding direct-to-patient access amid U.S. efforts to lower drug prices.
Novo Nordisk recortó sus previsiones para 2025 debido a la competencia, los precios y los costes de reestructuración en Estados Unidos.