Novo Nordisk's Q1 profit beats forecasts
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FILE PHOTO: The logo of pharmaceutical company Novo Nordisk is displayed in front of its offices in Bagsvaerd, Copenhagen, Denmark, February 4, 2026. REUTERS/Tom Little/File Photo
COPENHAGEN, May 6 (Reuters) - Novo Nordisk, the maker of weight-loss drug Wegovy, on Wednesday reported a first-quarter adjusted operating profit above expectations.
The Danish drugmaker is banking on demand for its new weight-loss pill as competition with U.S. rival Eli Lilly intensifies and investors demand proof that fast-rising volumes can offset a bruising obesity drug price war.
(Reporting by Stine Jacobsen, editing by Terje Solsvik)
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