Bloomberg reports investors sought more concrete turnaround measures
3 Sep 21 5:29 AM · 5d ago · 1 article · 1 source · development 3 of 5
Bloomberg correspondent Sanne Wass characterized investor reaction as disappointment over the lack of concrete steps to address how Novo will replace its blockbuster Wegovy and Ozempic drugs once their patents expire in the next decade. She noted the strategy contained broad visions but lacked specific targets to impress the market, though added that more details were expected as the capital markets day continued.
“investors, they were lacking um some some concrete um ways in which Novo uh wants to get there uh and and the the specific targets that it it did give um clearly failed to impress.”
Sanne WassNovo Nordisk Danish pharmaceutical company
Mike Doustdar Novo Nordisk Chief Executive OfficerEli Lilly & Co. Rival pharmaceutical company
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