Novo Nordisk drops as GLP-1 headwinds prompt guidance cut

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Novo Nordisk office in Fremont, California, USA

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Novo Nordisk (NVO) ADRs lost ~15% in the premarket on Tuesday after the Danish drugmaker lowered its full-year outlook, citing, among other things, pressure on its obesity drug franchise led by its GLP-1 medication semaglutide.

Eli Lilly (LLY), its

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