Novo Nordisk Signals Aggressive Hunt for Deals to Expand GLP-1 Pipeline

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Source: CNBC
Novo Nordisk Signals Aggressive Hunt for Deals to Expand GLP-1 Pipeline
Photo: CNBC
TL;DR

Novo Nordisk CEO says the company is actively pursuing acquisitions to broaden its GLP-1 pipeline amid growing competition in obesity drugs, citing assets like CagriSema and zenagamtide; Wegovy's strong Q1 performance lifted full-year guidance, even as Eli Lilly overtook Novo in weekly GLP-1 market share.

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