CPSE:NOVO BPharmaceuticals
Assessing Novo Nordisk (CPSE:NOVO B) Valuation After Wegovy HD Approval And Indian Semaglutide Patent Expiry
Novo Nordisk (CPSE:NOVO B) is back in focus after the FDA cleared its high dose Wegovy HD in the US, while patent protection for semaglutide in India expires, opening the door to lower cost rivals.
See our latest analysis for Novo Nordisk.
The FDA approval for Wegovy HD arrives at a time when short term sentiment has cooled, with a 30 day share price return of 23.72% and a 1 year total shareholder return decline of 53.81%, suggesting recent momentum has faded despite longer term gains over 5...