Novo’s H1 Exceeds Estimates On GLP-1, Obesity Sales Performance

Full-Year Guidance Raised Again With Wegovy Factored In

The company’s semaglutide franchise pushed net sales for the first half of 2021 up 5% year over year at DKK66.8bn ($10.6bn), helped by double- and triple-digit growth for Ozempic and Rybelsus. 

Novo logo on mobile phone screen in doctor coat pocket
Novo has received positive early feedback on Wegovy from prescribers and patients in the US • Source: Alamy

The importance of its semaglutide franchise – including newly approved obesity drug Wegovy – to Novo Nordisk A/S’s ongoing sales growth was apparent as the company laid out its financial performance for the first half of 2021; the various iterations of the drug comprise nearly a quarter of the firm’s sales, excluding Wegovy, which the firm reported is off to a strong launch.

Novo’s net sales rose 5% year over year (12% at constant exchange rates) to DKK66.8bn ($10.6bn), the firm reported 5...

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