Novo Nordisk Seeks to Solidify Its Lead in Diabetes Treatment and Crushing the Market

Novo Nordisk Seeks to Solidify Its Lead in Diabetes Treatment and Crushing the Market

Source: 
Motley Fool
snippet: 
  • Novo Nordisk controls almost one-third of the entire worldwide diabetes market.
  • Patent protection on Ozempic and Rybelsus, which treat type 2 diabetes and can help with weight loss, lasts until 2032 in the United States.
  • Net profit of more than $8 billion in 2022 was up 16% in Danish kroner.