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The Guardian - UK
The Guardian - UK
Business
Julia Kollewe

Wegovy maker Novo Nordisk cuts profit forecast as US prescriptions tail off

Novo Nordisk Novo United States Eli Lilly Derren Nathan Denmark Hargreaves Lansdown
Wegovy injection pens and boxes
Wegovy was the first of a new wave of anti-obesity drugs on the market. Photograph: Reuters

Denmark’s Novo Nordisk has cut its annual revenue and profit forecasts after disappointingly “flabby” sales of its weight loss drug Wegovy, as US prescriptions tailed off.

A boom in sales of Wegovy and the diabetes medication Ozempic helped to turn the drugmaker into Europe’s most valuable listed company, worth $615bn (£461bn) at its peak last year.

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