Danish pharma group becomes Europe’s most valuable firm after UK weight loss drug launch
By France24
09 September 2023 |
3:50 pm
The maker of weight-loss drug Wegovy has become Europe's most valuable firm, dethroning the French luxury conglomerate LVMH. Shares rose after the Danish pharmaceutical giant, Novo Nordisk, launched the popular drug in the UK. At the close of trading on Monday, the firm had a stock market valuation of $428bn (£339bn).
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