Novo CFO: Obesity market is difficult to predict

Although there is a market for weight loss treatments, and Novo Nordisk has already experienced huge demand for obesity drug Wegovy, the market still needs to be developed over coming years. For this reason, Novo Nordisk’s 2025 predictions are considerably lower than the analyst consensus.
Karsten Munk Knudsen, CFO of Novo Nordisk | Photo: Novo Nordisk / PR
Karsten Munk Knudsen, CFO of Novo Nordisk | Photo: Novo Nordisk / PR
by ALBERT RØNNING-ANDERSSON, translated by daniel pedersen

While equity analysts predict that Novo Nordisk’s obesity drug sales will reach DKK 40bn (USD 5.9bn) in 2025, the company itself is only forecasting 2025 sales of ”over DKK 25bn (USD 3.7bn, ed.),” CFO Karsten Munk Knudsen tells Danish business daily Børsen.

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