
Reported
Nanexa Shares Surge Over 150% After Licensing Deal With Novo Nordisk
The Swedish drug-delivery microcap's stock more than doubled following a licensing agreement with the maker of Wegovy.
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The Swedish drug-delivery microcap's stock more than doubled following a licensing agreement with the maker of Wegovy.

CEO Mike Doustdar says Novo Nordisk is ready to broaden its ambitions again, but investors remain unconvinced after a period of setbacks for the drugmaker.
The Danish drugmaker is seeking to reassure investors it can compete in the increasingly crowded weight-loss drug market, CNBC reported.
The decline came even as the Danish drugmaker set an ambitious sales goal for its weight-loss treatments, CNBC reported.
In an interview with CNBC, new chief executive Mike Doustdar said the Danish drugmaker's rebranding marks a new chapter as it faces intensifying competition from Eli Lilly.