No room for more mistakes at Lundbeck

Pharmaceutical company Lundbeck has a lot of work to do if it is to live up to its own long-term ambitions, analysts say. The company believes it can be done.

Lundbeck HQ in Valby, Copenhagen | Photo: Lundbeck / PR

Lundbeck is treading water to avoid being overcome by falling share prices, high costs, low growth and a lack of earnings compared to others in the industry. Despite this, company leaders are optimistic and believe a golden era is coming over the next 6-8 years.

That surprises Jannick Lindegaard Denholt, an analyst at ABG Sundal Collier.

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