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Novo Nordisk expands obesity business in spite of obstacles

Pharmaceutical company Novo Nordisk has attained decent growth in its obesity business despite the fact that it has hardly expanded in the US market.

Photo: Stine Tidsvilde

Following a series of unimpressive quarters, Danish pharmaceutical company Novo Nordisk's obesity business is expanding again.

The industry has great expectations for this leg of the business, but so far, it only contains the treatment Saxenda which grew 9 percent in local currency over the course of Q1 to generate sales worth just over DKK 1.5bn (USD 242m).

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