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The Guardian - UK
The Guardian - UK
Business
Joanna Partridge

Ozempic maker struggles as it loses ground to rivals in weight-loss market

Ozempic pens sit on a production line at Novo Nordisk's site in Hillerod
Novo Nordisk, which makes Ozempic as well as Wegovy, predicts full-year operating profit to grow by up to 7% in 2025, compared with an earlier forecast of 16%. Photograph: Tom Little/Reuters

The maker of Ozempic and Wegovy has cut its sales and profit forecasts as it continues to fall behind in the competitive market for obesity and diabetes treatments.

Novo Nordisk’s chief executive, Mike Doustdar, who took the reins in August, said the reduced guidance was because of “the lower growth expectations for our GLP-1 treatments”.

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