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Novo CEO Says Drugmaker Has More to Do to Win Over Investors
Source: Bloomberg
Healthcare & BiotechCorporate Guidance & OutlookManagement & GovernancePatents & Intellectual PropertyInvestor Sentiment & Positioning
Novo Nordisk CEO Mike Doustdar said the company must do more to restore investor confidence ahead of a patent cliff for its largest drugs, including Ozempic, at the start of the next decade. The comments highlight a key long-term risk to the company’s revenue durability and increase pressure on management to demonstrate pipeline strength and replacement growth.
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