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Novo Nordisk

Novo Nordisk shares dive after long-term growth cut

October 28, 2016 By Sarah Faulkner

Novo Nordisk

(Reuters) — Top insulin maker Novo Nordisk (NYSE:NVO) slashed its long-term profit growth forecast today, signaling no let-up in its struggles to crack the U.S. market to which its chief executive said its commitment would not waver. The Danish firm’s shares fell by as much as 19% to a 30-month low, wiping more than $15 billion off […]

Filed Under: Business/Financial News, Diabetes, Drug-Device Combinations, Featured Tagged With: Eli Lilly & Co., Novo Nordisk, Sanofi-Aventis

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