Markets

Novo shares jump as Wegovy pill sales impress, drugmaker hikes outlook

Summary

Novo reported better-than-expected quarterly earnings on Wednesday, driven by strong sales of its Wegovy pill. Following these results, the pharmaceutical company increased its financial outlook for the full year.

Novo posted quarterly earnings ahead of expectations early Wednesday as sales of its Wegovy pill blew past estimates

Source: Read the full story at US Top News and Analysis

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