MedWatch

Lundbeck to delist in US

The pharmaceutical firm’s new share structure means that Lundbeck is terminating its trading program in the US.

Photo: Michael M. Santiago/AFP / GETTY IMAGES NORTH AMERICA

US investors will soon be unable to trade Lundbeck shares in their own currency and during US stock exchange opening hours.

In Lundbeck’s recently publicized report for the year’s first three months, the pharmaceutical firm has announced that following a required notice period, its American Depositary Receipt (ADR) program will be terminated, meaning that trading Lundbeck shares overseas will become more difficult.

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