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Novo Nordisk - Business Overview

Business overview of Novo Nordisk and its competitive position.

novo-nordiskpharmaceuticalglp-1weight-loss-drugsdiabetesdanish-companybusinessoverview

Novo Nordisk - Business Overview

Novo Nordisk is a Danish pharmaceutical company that has become the global pioneer in GLP-1 (glucagon-like peptide-1) weight loss drugs. Founded in 1923, the company has transformed from a diabetes-focused insulin manufacturer into the leader of a potentially $100-350 billion obesity treatment market. Despite a 45% share price drawdown in 2024, Fundsmith maintains its position, viewing it as one of the most compelling quality businesses in their portfolio.


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