Novo Nordisk, Eli Lilly stocks see boost on obesity drugs

Australia News News

Novo Nordisk, Eli Lilly stocks see boost on obesity drugs
Australia Australia Latest News,Australia Australia Headlines

Novo Nordisk (NVO) shares rose as the drugmaker's third-quarter profits jumped 56% year-over-year, fueled by surging demand for its obesity drugs Ozempic and...

The Canadian company reported adjusted earnings per share of four cents in Q2, versus a loss of five cents in Q2 2022) shares also saw gains after beating third-quarter profit

estimates, but lowering its full-year guidance. The drugmaker is gaining momentum from its diabetes drug Mounjaro, though it still lacks regulatory approval for obesity treatment.

 

Australia Australia Latest News, Australia Australia Headlines



Render Time: 2025-01-10 01:59:00