Home Money Pharmaceutical giant Novo Nordisk to reveal growing demand for its weight-loss drugs Ozempic and Wegovy

Pharmaceutical giant Novo Nordisk to reveal growing demand for its weight-loss drugs Ozempic and Wegovy

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Boost: Celebrity fans include actress Rebel Wilson

Boost: Celebrity fans include actress Rebel Wilson

Pharmaceutical giant Novo Nordisk will reveal this week the growing demand for its weight-loss drugs.

The Danish company’s revenue has been boosted by the exploding popularity of its diabetes and obesity drugs, Ozempic and Wegovy.

Analysts expect it to report sales of £7.7bn for April-June on Wednesday, compared with £3.9bn in the same quarter last year.

Wegovy is an injection that tricks the body into thinking it is full. It is available on the NHS (National Health Service) but is particularly popular in the US. Its celebrity fans include actress Rebel Wilson.

Novo Nordisk is now worth £210bn.

Shares have risen 64 percent over the past year.

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