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On August 7, 2025, Novo Nordisk cut its full-year sales and profit forecast again. CEO Lars Fruergaard Jørgensen will resign, causing a 25% drop in stock during pre-market trading.

The 2nd U.S. Circuit Court of Appeals has reinstated a lawsuit against Novo Nordisk, allowing health centers to pursue claims of price-fixing on diabetes drugs under the federal '340B' program.

Novo Nordisk has filed 14 lawsuits in the U.S. against firms selling unapproved semaglutide, claiming violations of state laws and safety risks from these unproven products.

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About NOVO NORDISK B A/S

Novo Nordisk A/S is a global healthcare company, which engages in the discovery, development, manufacturing and marketing of pharmaceutical products. It operates through the Diabetes and Obesity Care, and Rare Disease segments. The Diabetes and Obesity Care segment includes diabetes, obesity, cardiovascular, and emerging therapy areas. The Rare Disease segment refers to rare blood disorders, rare endocrine disorders, and hormone replacement therapy. The company was founded by Harald Pedersen and Thorvald Pedersen in 1923 is headquartered in Bagsværd, Denmark.

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