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Wegovy maker seeks leader to grab more of slimming drug pie
June 01, 2025
|The Observer
Novo Noraisk, the maker of weignt-loss drug Wegovy, seeks a new CEO who can help the company make up the ground it has lost to Eli Lilly.
It’s a tall order. The company is better known for stability than disruption; it has had just five CEOs since it was founded in 1923 and has stayed focused on treating diabetes.
Lars Fruergard Jørgensen led the company through a tumultuous transformation, bringing Wegovy to market in the US in 2021 and fuelling a dramatic rally in its stock price.
Shares have tumbled around 50% in the past year, and Jørgensen was fired last month. There is no obvious successor within Novo. “They don’t have a crown prince,” said Niels Westergård-Nielsen, a professor at Copenhagen Business School.
هذه القصة من طبعة June 01, 2025 من The Observer.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
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