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Novo Nordisk shares drop as much as 7% despite $23 billion obesity drug sales target

The decline came even as the Danish drugmaker set an ambitious sales goal for its weight-loss treatments, CNBC reported.

· 1 min read · language: en

Shares of Novo Nordisk fell as much as 7% even after the company set a $23 billion sales target for its blockbuster obesity drugs, according to CNBC.

CNBC did not report a specific reason investors gave for the decline, noting only that the drop came despite the ambitious sales goal set by the Danish pharmaceutical company for its weight-loss treatments.

Sources

EGazette summarizes reporting from multiple sources; follow the links for the originals.

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