Analyst: Obesity competition is good for Novo
According to analyst Søren Løntoft Hansen, Sydbank, it could turn out to be a positive development for Novo Nordisk and its Victoza business if US company Orexigen wins approval for its obesity drug.
by Stefan Singh Kailay
Last week’s announcement that US company Orexigen had submitted a registration application to the EMA for its obesity drug Contrave could turn out to be good news for Novo Nordisk and the Danish company’s own opportunities on the obesity market with diabetes drug Victoza – even if the Americans are the first to enter the market.
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