CPSE:NOVO BPharmaceuticals
Novo Nordisk (CPSE:NOVO B) Stock Could Be 28.2% Below Fair Value After UK Wegovy Approval
After UK regulators cleared the oral Wegovy pill, Novo Nordisk (CPSE:NOVO B) moved further into the obesity pill market, adding to earlier launches in the US and UAE and drawing investor attention to its GLP-1 portfolio.
See our latest analysis for Novo Nordisk.
The latest UK approval lands while Novo Nordisk’s 1 day share price return of 4.6% and 90 day share price return of 23.4% contrast with a year to date share price decline of 11.3% and a 1 year total shareholder return down 35.6%. This...