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Covid-stricken US still causing Lundbeck problems

While sales growth of Lundbeck's core products has stabilized well in Europe and international markets following Covid-19's peak, sales of several products in the US are still lagging – and the setback from Northera was bigger than foreseen.

Photo: Gregers Tycho/ERH

Hit harder and moving slower than expected – these are two of the main tendencies in the US that affected Lundbeck's second quarter.

The company is far more heavily impacted by the loss of its patent on drug Northera than management had first anticipated, and uncertainties caused by Covid-19 also mean that normalization is not moving as swiftly as Chief Executive Deborah Dunsire and Chief Financial Officer Anders Göetzsche had hoped.

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