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Novo Nordisk A/S

LVMH falls to 2023 low as growth slows, pulling luxury sector lower

by Merchant Moller
LVMH falls to 2023 low as growth slows, pulling luxury sector lower

A LVMH Moet Hennessy Louis Vuitton SE store in Shanghai, China on Wednesday, June 14, 2023. Bloomberg | Bloomberg | Getty Images Shares of LVMH dropped to their lowest level …

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How Ozempic and Wegovy turned Novo Nordisk into a $400 billion company

by Margaret Jenner
How Ozempic and Wegovy turned Novo Nordisk into a 0 billion company

Danish drugmaker Novo Nordisk has entered a new chapter in its 100-year history — thanks to its newfound success with two products: Ozempic and Wegovy.  The drugs are once-weekly injectables …

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Weight loss drugs Wegovy, Ozempic may be linked to stomach paralysis

by Mark McDuffie
Weight loss drugs Wegovy, Ozempic may be linked to stomach paralysis

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 …

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Drugmakers agree to Medicare drug price negotiations: What’s next

by Margaret Jenner
Drugmakers agree to Medicare drug price negotiations: What’s next

A pharmacist holds a bottle of the drug Eliquis, made by Pfizer Pharmaceuticals, at a pharmacy in Provo, Utah, January 9, 2020. George Frey | Reuters All drugmakers of the …

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Kellanova bets on snacking as Ozempic, Wegovy take off

by Margaret Jenner
Kellanova bets on snacking as Ozempic, Wegovy take off

The snack aisle is seen during a tour of a new Amazon Go store in the Capitol Hill neighborhood of Seattle, Washington, U.S., on Monday, Feb. 24, 2020. Chona Kasinger …

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These are the top 4 Club stocks — and the bottom 4 — during the third quarter

by Merchant Moller
These are the top 4 Club stocks — and the bottom 4 — during the third quarter

September, historically the worst month of the year for stocks, once again brought pain to Wall Street, sending the market lower for the third quarter. A steep rise in Treasury …

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Obesity pill data boosts Structure Therapeutics shares

by Margaret Jenner
Obesity pill data boosts Structure Therapeutics shares

Aykut Karahan | Istock | Getty Images Shares of Structure Therapeutics rose more than 30% on Friday after the biotech startup’s experimental obesity pill succeeded in a small early-stage trial.  …

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Obesity, diabetes drug ad spending hit nearly $500 million: report

by Mark McDuffie
Obesity, diabetes drug ad spending hit nearly 0 million: report

A view of a plastic model of a stomach during an interview with Doctor Thomas Horbach, specialist in surgery, visceral surgery and nutritional medicine on Novo Nordisk, which will start …

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Ozempic, Wegovy drug prescriptions hit 9 million

by Margaret Jenner
Ozempic, Wegovy drug prescriptions hit 9 million

A pharmacist displays boxes of Ozempic, a semaglutide injection drug used for treating type 2 diabetes made by Novo Nordisk, at Rock Canyon Pharmacy in Provo, Utah, U.S. March 29, …

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Risks to alcohol and food stocks from Ozempic-like weight loss drugs

by Margaret Jenner
Risks to alcohol and food stocks from Ozempic-like weight loss drugs

The rise of new anti-obesity medications could result in less alcohol consumption, impacting Club name Constellation Brands (STZ). The risk already seems to be playing out in food stocks with …

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