Ozempic mania tests Novo’s supply: EMEA earnings week ahead

Novo Nordisk takes the spotlight this week, when pharmaceutical peer GSK, its consumer health spinoff Haleon and German chemicals giant BASF also report.

Photo: George Frey/Reuters/Ritzau Scanpix

By Maggie Shiltagh and Chloé Meley, Bloomberg

Demand for diabetes and weight-loss wonder drugs Ozempic and Wegovy has catapulted Novo to become Europe’s most valuable listed company. But it has left it scrambling to produce enough, constraints that may hamper sales growth, analysts say.

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