Tag Archives: Fourth Quarter

Novo Nordisk shares surge as weight loss treatments boost profits

Muhamad Yehia Demand for weight-loss drugs surged throughout 2024, outpacing supply for most of the year. In December, Novo Holdings, an investment foundation of Novo Nordisk, acquired three manufacturing sites in Catalent to expand its production capacity. Europe’s largest pharmaceutical firm, Novo Nordisk, reported fourth-quarter earnings that surpassed analysts’ expectations. …

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