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Novo Nordisk raises forecast, but obesity growth debate persists
Investors remain cautious that the company can restore sustainable growth as competition from Eli Lilly keeps pressure on the obesity market.
CNBC Markets reports that Novo Nordisk lifted its forecast, but the change did not resolve Wall Street concerns about the company’s path to sustainable growth from its obesity franchise.
The coverage highlights that sentiment is being shaped by intensifying competition from Eli Lilly, which continues to weigh on how investors view Novo Nordisk’s long-term momentum in the obesity business.
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