MedWatch

Novo Nordisk aims higher than analysts in 2022 outlook

Nevertheless, 2022 won’t go as well for Novo Nordisk as 2021, the company says.

Photo: Novo Nordisk Pharmatech/PR

In Novo Nordisk’s full-year financial report, which was released on Wednesday morning, the Danish pharmaceutical giant predicts less growth in 2022 than what it just booked in 2021. The company also estimates that its 2022 sales growth will land in the 6–10 percent range in constant exchange rates (CER) compared to 14 percent in 2021, while the operating profit growth will be between 4–8 percent at CER against the reported 13 percent in 2021.

Prior to the report, analysts had predicted top line growth of 7.8 percent at CER and operating growth of 5.4 percent.

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