NEW YORK, Aug. 13, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Novo Nordisk A/S ("Novo Nordisk" or the "Company") (NYSE: NVO). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased. On this news, Novo Nordisk's American Depositary Receipt ("ADR ...

Core Viewpoint - The enthusiasm for weight loss medications is increasing, with several companies, including Viking Therapeutics, Novo Nordisk, and Eli Lilly, preparing oral formulations to compete in a lucrative market [1][7]. Company Analysis Viking Therapeutics - Viking Therapeutics is developing VK2735, a novel dual agonist targeting GLP-1 and GIP receptors for metabolic disorders, currently in both subcutaneous and oral clinical trials [4]. - The phase 3 trial for the subcutaneous formulation began in June and will take 78 weeks, with results expected in 2027, while the phase 2 oral trial results are anticipated in 2025 [5]. - If the oral trial is successful, it is likely that a major pharmaceutical company may consider acquiring Viking [6]. Novo Nordisk - Novo Nordisk is a leading player in the weight loss market with its product Wegovy and is developing an oral version of it, which has shown similar weight loss results to the subcutaneous formulation [7][8]. - The FDA has accepted Novo Nordisk's submission for the oral formulation, with a decision expected in Q4 2025 [8]. Eli Lilly - Eli Lilly is developing Orforglipron, a small molecule drug, instead of an oral formulation of Zepbound, which is not suitable for oral delivery [9]. - Orforglipron has completed a successful phase 3 trial, achieving a mean weight loss of 12.4% at the highest dosage over 72 weeks, with plans to submit to the FDA by the end of the year [10]. Market Dynamics - The competition among Viking, Novo Nordisk, and Eli Lilly is intense, with the success of their respective oral formulations likely to influence investment decisions [11]. - The timelines for the release of phase 2 data from Viking and the FDA decisions for Novo Nordisk and Eli Lilly create a critical period for potential investment opportunities [11].

Core Viewpoint - Berger Montague PC is investigating claims against Novo Nordisk A/S following a class action lawsuit related to the company's lowered sales and profit guidance for the second half of fiscal 2025 [1][3]. Group 1: Company Performance - On July 29, 2025, Novo Nordisk lowered its sales and profit guidance for the second half of fiscal 2025, attributing this to persistent use of compounded GLP-1s, slower-than-expected market expansion, and increased competition for its products Wegovy® and Ozempic® [3]. - Following the announcement, Novo's stock price fell from $69.00 to $53.94 per share, marking a one-day decline of over 21% [3]. Group 2: Legal Actions - A class action lawsuit has been filed against Novo Nordisk, and investors who purchased or acquired Novo securities between May 7, 2025, and July 28, 2025, may seek to be appointed as lead plaintiff representatives by September 30, 2025 [2].

If you purchased or otherwise acquired Novo Nordisk securities during the Class Period, you may move the Court no later than September 30, 2025 to request appointment as lead plaintiff in this putative class action lawsuit. LOS ANGELES, Aug. 12, 2025 (GLOBE NEWSWIRE) -- Glancy Prongay & Murray LLP reminds investors of the upcoming September 30, 2025 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired Novo Nordisk A/S ("Novo Nordisk" o ...

NEW YORK, Aug. 12, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Novo Nordisk A/S ("Novo" or the "Company") (NYSE: NVO) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Novo investors who were adversely affected by alleged securities fraud between May 7, 2025 and July 28, 2025. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/novo-nordisk-a-s-lawsuit-submission-form-3?pri ...

Core Viewpoint - Novo Nordisk reported strong financial results for the first half of the year, driven by robust performance in the obesity treatment sector, despite a downward revision of revenue and operating profit expectations for 2025 due to anticipated market slowdowns and increased competition [4][8]. Financial Performance - For the first half of 2023, Novo Nordisk achieved sales of 154.9 billion Danish Krone (approximately 22.3 billion USD, 160.2 billion RMB), representing an 18% year-over-year growth at constant exchange rates [4]. - Operating profit reached 72.2 billion Danish Krone (approximately 10.4 billion USD, 74.7 billion RMB), marking a 29% increase compared to the previous year [4]. - The obesity treatment segment saw sales growth of 56%, significantly contributing to overall revenue [4]. Business Segment Analysis - The diabetes and obesity care division generated sales of 145.4 billion Danish Krone (approximately 21.5 billion USD), with an 18% year-over-year increase [4]. - Revenue from obesity drugs surged by 58% to 38.8 billion Danish Krone (approximately 5.7 billion USD) [4]. Product Performance - Sales of the diabetes drug Ozempic reached 64.5 billion Danish Krone (approximately 9.6 billion USD), a 15% increase year-over-year [6]. - Rybelsus, the oral formulation of semaglutide, generated sales of 11.3 billion Danish Krone (approximately 1.7 billion USD), reflecting a 5% growth [6]. - Wegovy, the weight loss injection, achieved sales of 36.9 billion Danish Krone (approximately 5.4 billion USD), with a remarkable 78% increase [6]. Market Position and Competition - Semaglutide's sales have surpassed that of the previously leading drug, Pembrolizumab (Keytruda), which recorded global sales of 15.2 billion USD in the first half of 2023, growing only 7% [8]. - The company has adjusted its 2025 revenue and profit forecasts due to anticipated slower growth in the U.S. obesity market and increased competition in the GLP-1 diabetes market [8]. Regulatory and Market Challenges - Despite the end of the FDA's grace period for large-scale compounding of drugs, illegal compounding practices continue, posing risks to patients [10]. - Novo Nordisk is taking legal action to protect patients from counterfeit semaglutide products and is advocating for stronger regulatory measures [10]. - The company's NovoCare pharmacy and telehealth initiatives are aimed at improving patient access, although current penetration rates are below expectations due to market expansion slowdowns and competition [10].

Core Insights - Enthusiasm for Novo Nordisk stock is increasing due to news from a competitor [1] - The company has reported quarterly financial results that have implications for shareholders [1] Financial Performance - Quarterly financial results were released, indicating potential impacts on shareholder value [1]

Core Viewpoint - The weight loss drug sector is experiencing a rebound driven by strong performance from Novo Nordisk and a technical correction after recent declines in stock prices [1][2]. Group 1: Market Performance - The weight loss drug concept sector opened higher on February 1, with notable gains from companies like Hongbo Pharmaceutical, Changshan Pharmaceutical, and Puli Pharmaceutical [1]. - The innovative drug ETF for the Shanghai-Hong Kong-Shenzhen market also saw a strong rebound, rising over 2%, with leading stocks including Kelaiying, WuXi Biologics, and others [1]. Group 2: Novo Nordisk's Performance - Novo Nordisk reported a 31% year-on-year increase in total revenue for 2023, with operating profit rising by 37% [1]. - The company's star product, semaglutide, generated sales of 145.81 billion Danish Krone (approximately 21.20 billion USD), marking an 88.78% increase and accounting for 62.78% of total revenue [1]. Group 3: Growth of GLP-1 Drugs - The semaglutide injection for weight management, Wegovy, achieved revenue of 31.34 billion Danish Krone (4.56 billion USD), reflecting a staggering 407% year-on-year growth [2]. - The global popularity of GLP-1 receptor agonists like semaglutide is attributed to their effectiveness in weight loss, blood sugar control, and cardiovascular benefits, leading to a surge in sales and clinical developments [2]. Group 4: Industry Innovations and Developments - Domestic companies are accelerating their innovation efforts in the weight loss drug market, with several GLP-1 receptor agonists in various stages of clinical trials [3]. - Companies like Hanyu Pharmaceutical and Changshan Pharmaceutical are actively pursuing new drug approvals and clinical trials for GLP-1 related products [3][4]. - The market for effective weight loss drugs remains vast due to the limited number of approved medications, highlighting significant growth potential in this sector [4].

Core Viewpoint - A class action securities lawsuit has been filed against Novo Nordisk A/S, alleging securities fraud that negatively impacted investors between May 7, 2025, and July 28, 2025 [1][2] Company Performance - The lawsuit claims that Novo Nordisk made misleading statements about its growth potential, particularly regarding the compounded GLP-1 market and the likelihood of patients switching to its branded products [2] - On July 29, 2025, Novo announced a reduction in its sales and profit outlook for the second half of 2025, attributing this to lower growth expectations for its products Wegovy and Ozempic, compounded GLP-1 usage, slower market expansion, and increased competition [2] - Following this announcement, Novo's stock price plummeted from $69.00 per share on July 28, 2025, to $53.94 per share on July 29, 2025, marking a decline of approximately 21.83% in one day [2] Legal Proceedings - Investors who suffered losses during the specified timeframe have until September 30, 2025, to request appointment as lead plaintiff in the lawsuit [3] - Class members may be entitled to compensation without any out-of-pocket costs or fees [3] Firm Background - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions of dollars for shareholders over the past 20 years [4] - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as one of the leading securities litigation firms in the United States [4]

Core Insights - The global pharmaceutical sales ranking for the first half of 2025 has been released, highlighting the dominance of GLP-1 drugs in the market, with the top three drugs surpassing $10 billion in sales, driving industry growth [2][5] - The competition among pharmaceutical giants is intensifying, particularly in the GLP-1 category, with Novo Nordisk and Eli Lilly leading the charge [5][6] Group 1: GLP-1 Drug Market - GLP-1 drugs are the main drivers of market growth, contributing nearly 30% to the global biopharmaceutical market [3][5] - Semaglutide from Novo Nordisk topped the sales chart with $16.632 billion, while Eli Lilly's tirzepatide followed closely with $14.734 billion, marking a significant year-on-year growth of 121.3% [5][6] - The competitive landscape is shifting, with semaglutide's various formulations (injection, oral, and weight loss) ending Keytruda's long-standing dominance [5][6] Group 2: Emerging Therapies - New therapies such as bispecific antibodies, antibody-drug conjugates (ADC), and fusion proteins are gaining traction, accounting for over 15% of the top-selling drugs [3][10] - ADC drug Enhertu made its debut in the top rankings with $3.9 billion in sales, indicating a growing interest in innovative therapies [3][10] Group 3: CDK4/6 Inhibitors - The CDK4/6 inhibitor market is experiencing a reshuffle, with Eli Lilly's Abemaciclib leading at $2.648 billion, while Novartis' Ribociclib showed a remarkable growth rate of 58.7% [10] - Pfizer's Palbociclib, once a market leader, has seen a decline, dropping to $2.026 billion in sales [10] Group 4: BTK Inhibitors - The BTK inhibitor market is projected to reach approximately $12.5 billion by 2024, with Ibrutinib, Zebrutinib, and Acalabrutinib dominating the market [11][12] - Zebrutinib from BeiGene has entered the global top 50 list with $1.742 billion in sales, marking a significant achievement for Chinese innovation in the pharmaceutical sector [12][13]