Aug. 13 at 2:42 PM
https://stocktwits.com/news-articles/markets/equity/nvo-stock-jumps-3-as-eu-approves-oral-wegovy-pill-retail-notes-lly-is-clearly-behind-its-danish-counterpart/cZZPaw9R7r9
$NVO The EU approval widens
$NVO's addressable oral market, but my thesis is about volume economics, not approval headlines alone. Q2 adjusted sales grew 7% at constant exchange rates and weekly Wegovy pill prescriptions exceeded 265,000, while full-year adjusted sales and operating-profit growth still guides to 0% to -6%. My test is whether oral and international volume can outrun price and margin compression and convert into cash. Long
$NVO. Research view, not advice.