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International Business Times
International Business Times
Business
Camille BAS-WOHLERT

Weight-loss Drug Maker Novo Nordisk's Profits Soar Further

Novo Nordisk CEO Lars Fruergaard Joergensen (Credit: AFP)

Danish pharmaceutical giant Novo Nordisk reported more soaring profits on Thursday thanks to the popularity of anti-diabetes and weight-loss drugs Ozempic and Wegovy, which have made it Europe's most valuable company.

Its net profit reached 25.4 billion kroner ($3.6 billion) in the first quarter, a 28 percent jump from the same period last year, the company said in a statement.

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