{"id":40836,"date":"2025-05-07T11:21:37","date_gmt":"2025-05-07T11:21:37","guid":{"rendered":"https:\/\/news2shorts.com\/index.php\/2025\/05\/07\/wegovy-maker-novo-nordisk-cuts-profit-forecast-as-us-prescriptions-tail-off\/"},"modified":"2025-05-07T11:21:37","modified_gmt":"2025-05-07T11:21:37","slug":"wegovy-maker-novo-nordisk-cuts-profit-forecast-as-us-prescriptions-tail-off","status":"publish","type":"post","link":"https:\/\/news2shorts.com\/index.php\/2025\/05\/07\/wegovy-maker-novo-nordisk-cuts-profit-forecast-as-us-prescriptions-tail-off\/","title":{"rendered":"Wegovy maker Novo Nordisk cuts profit forecast as US prescriptions tail off"},"content":{"rendered":"<p>Slowdown will deepen concerns Denmark\u2019s biggest company is losing market share to US rival Eli Lilly<\/p>\n<ul>\n<li><a href=\"https:\/\/www.theguardian.com\/business\/live\/2025\/may\/07\/looming-us-china-trade-talks-lift-asian-stock-markets-china-cuts-interest-rates-federal-reserve-business-live\">Business live \u2013 latest updates<\/a><\/li>\n<\/ul>\n<p>Denmark\u2019s Novo Nordisk has cut its annual revenue and profit forecasts after disappointingly \u201cflabby\u201d sales of its weight loss drug Wegovy, as US prescriptions tailed off amid fierce competition.<\/p>\n<p>A <a href=\"https:\/\/www.theguardian.com\/business\/2023\/sep\/09\/wegovy-the-slimming-drug-that-keeps-denmarks-economy-growing\">boom in sales of Wegovy<\/a> and the <a href=\"https:\/\/www.theguardian.com\/society\/2025\/apr\/04\/ozempic-semaglutide-eating-disorders\">diabetes medication Ozempic<\/a> helped to turn the pharmaceutical firm into Europe\u2019s most valuable listed company, worth $615bn at its peak.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/business\/2025\/may\/07\/wegovy-maker-novo-nordisk-cuts-profit-forecast\">Continue reading&#8230;<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Slowdown will deepen concerns Denmark\u2019s biggest company is losing market share to US rival Eli Lilly Business live \u2013 latest updates Denmark\u2019s Novo Nordisk has cut its annual revenue and profit forecasts after disappointingly \u201cflabby\u201d sales of its weight loss drug Wegovy, as US prescriptions tailed off amid fierce competition. A boom in sales of &#8230; <a title=\"Wegovy maker Novo Nordisk cuts profit forecast as US prescriptions tail off\" class=\"read-more\" href=\"https:\/\/news2shorts.com\/index.php\/2025\/05\/07\/wegovy-maker-novo-nordisk-cuts-profit-forecast-as-us-prescriptions-tail-off\/\" aria-label=\"Read more about Wegovy maker Novo Nordisk cuts profit forecast as US prescriptions tail off\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-40836","post","type-post","status-publish","format-standard","hentry","category-blog"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/posts\/40836","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/comments?post=40836"}],"version-history":[{"count":0,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/posts\/40836\/revisions"}],"wp:attachment":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/media?parent=40836"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/categories?post=40836"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/tags?post=40836"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}