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Novo Nordisk shares plunge 7% as 2030 growth plan disappoints investors

Novo Nordisk announces 2030 growth targets at capital markets day in London

1 Sep 21 4:25 AM · 6d ago · 1 article · 1 source · development 1 of 5

The Danish pharmaceutical company outlined a long-term strategy including plans to launch more than five blockbuster drugs by 2030, achieve compound annual revenue growth in line with industry peers through 2030 while maintaining stable operating margins, and expand manufacturing to make oral GLP-1 treatments available to 10 times as many people with obesity. The company also expects its risk-adjusted pipeline to generate more than DKK 150 billion in sales by 2035.

Novo Nordisk announces 2030 growth targets at capital markets day in London
Yahoo Finance

Novo Nordisk Danish pharmaceutical companyMike DoustdarMike Doustdar Novo Nordisk Chief Executive OfficerEli Lilly & Co. Rival pharmaceutical company

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1–5Novo Nordisk announces 2030 growth…
Sep 22Sep 23Sep 24Sep 25yesterdaynow · 4:56 PM ET

What was reported 2 claims about this development

  1. 3 outlets Novo Nordisk stock falls after 2030 strategy disappoints investors

    first by Yahoo Finance, 6d ago · also Quartz, Investing.com News

    3 more headlines
  2. 1 outlet Novo Nordisk shares fall 6% as company sets 2030 growth targets

    first by Investing.com News, 6d ago

All 5 developments of Novo Nordisk shares plunge 7% as 2030 growth plan… →

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