Novo Nordisk hikes outlook on soaring demand for Wegovy, Ozempic

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Novo Nordisk hikes outlook on soaring demand for Wegovy, Ozempic
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Novo Nordisk's forecast only confirms the frenzy for Wegovy and Ozempic, which patients seek for their ability to help them lose significant weight over time.

Novo Nordisk raised its outlook for its full-year sales and operating profit on soaring demand for its blockbuster weight loss drug Wegovy and diabetes treatment Ozempic.for its full-year sales and operating profit due to soaring demand for its blockbuster weight loss drug Wegovy and diabetes treatment Ozempic.

The revised forecast only confirms the frenzy for those weekly injections, which patients seek for their ability to help them lose significant weight over time. Ozempic and Wegovy have propelled Novo Nordisk to become Europe's The Danish drugmaker now expects 2023 sales growth in local currencies of 32% to 38%, from a previous outlook of 27% to 33%, according to a press release.The new sales outlook for this year primarily reflects higher expectations for Ozempic sales in the U.S. and "gross-to-net sales adjustments for Ozempic and Wegovy in the U.S.," according to the release.

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