Novo Nordisk Stock Faces Challenges Amid Competition and Clinical Setbacks
Despite being a leader in the chronic weight management drug market, Novo Nordisk has seen its stock lose about 68% of value over two years due to competition from Eli Lilly's Zepbound and clinical setbacks with its next-gen medicine CagriSema. The company also faces declining GLP-1 market share and downward revenue guidance for fiscal year 2026.

Topics: CagriSema GLP-1 market Novo Nordisk Wegovy Zepbound