Novo Nordisk A/S
Want to cash in on the fat-reduction drug increase? Morgan Stanley names 4 global shares
Drug makers these kinds of as Eli Lilly and Novo Nordisk have been very hot favorites among the traders in the previous 12 months, specified the favourable reception to their pounds-decline medications. “The uptake of GLP-1 (glucagon-like-pepitide-1) course AOMs (anti-weight problems drugs) has been unexpectedly robust, specially in the U.S. the place the medicines are […]
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Novo Nordisk beats earnings expectations as Wegovy, Ozempic demand soars
Liselotte Sabroe | Afp | Getty Pictures Novo Nordisk, Europe’s premier firm by market capitalization, on Wednesday noted improved-than-expected 2023 earnings, as sales of its wildly common anti-weight problems and diabetic issues prescription drugs ongoing to soar. The maker of excess weight decline drug Wegovy and diabetic issues drug Ozempic reported an enhance in gross […]
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Merck, Johnson & Johnson CEOs agree to testify in Senate hearing on high drug prices
US Senator Bernie Sanders, Independent of Vermont, speaks during a rally by the People’s Action, protesting pharmaceutical companies’ lobbying against allowing Medicare to negotiate lower prescription drug prices, outside Pharmaceutical Research and Manufacturers of America (PhRMA) headquarters in Washington, DC, September 21, 2021. Saul Loeb | AFP | Getty Images The CEOs of Merck and […]
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LVMH shares soar around 12% as earnings position to luxurious sector resilience
Bernard Arnault, Chairman and CEO of LVMH Moet Hennessy Louis Vuitton, speaks for the duration of a push meeting to existing the 2023 yearly effects of LVMH in Paris, France, January 25, 2024. Benoit Tessier | Reuters LVMH shares jumped additional than 12% on Friday early morning, immediately after the world’s greatest luxurious group posted […]
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Eli Lilly's Zepbound is off to a strong start, but here's what needs to happen to push shares higher
Hopes are sky-high for Eli Lilly’s recently launched weight loss drug Zepbound. Investors will be tuning into the company’s fourth quarter earnings call on Feb. 6, eager to hear more about how that rollout is going. One key statistic will be the number of commercial health insurers providing coverage of the drug, which was approved […]
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Missed the Novo and Lilly rally? These 4 under-the-radar anti-obesity drug stocks could soar, Berenberg says – giving one 44% upside
The anti-obesity drug market is expected to remain in focus this year after a bumper 2023 for weight loss drugmakers Novo Nordisk and Eli Lilly , according to Berenberg. The Germany-headquartered investment bank expects a combination of new clinical data, and the expiry of Novo ‘s patent for the active ingredient in first-generation GLP-1 drugs, […]
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Morgan Stanley likes biopharma as a defensive participate in — giving just one stock 119% upside
The biopharmaceutical sector is expected to provide a safe haven from macroeconomic and earnings problems in advance of ultimate quarterly effects from companies, in accordance to Morgan Stanley. The Wall Street financial institution mentioned European biopharma inventory charges really should be supported in the in close proximity to expression, owing to “undemanding valuations and a […]
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Why we like health-care stocks in 2024 despite their spotty record in presidential election years
As the old Wall Street adage goes, health care tends to underperform the stock market in presidential election years — and in recent cycles, that’s been true. But, there’s reason to believe this year that many health-related stocks, led by Eli Lilly , could defy historical convention. The S & P 500 Health Care Sector […]
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The weight loss drug market may soon get more crowded. Here are the companies trying to enter the booming space
Still life of Wegovy an injectable prescription weight loss medicine that has helped people with obesity. It should be used with a weight loss plan and physical activity. Michael Siluk | UCG | Getty Images Drugmakers have been scrambling to join a two-horse race to lead the market for popular weight loss drugs, which could […]
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4 stock ideas I brought back from the JPMorgan Healthcare Conference and everything else I learned about the industry
Health care may be a real challenger to tech this year, a business that can actually grow faster than most of tech and has the possibility of a comeback from the Covid straitjacket that so many of these companies got caught up in. The pandemic obscured so much of the growth as Abbott Labs , […]
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