While its customers are losing weight, Novo Nordisk, the creator of the mega-hit drug Ozempic, is shedding loads of market value amid collapsing sales. One year ago, the Danish pharmaceutical giant's market cap exceeded the size of its entire home country's economy. But this week, it's continued its steady but drastic decline — which saw its CEO get the axe — by losing another $100 billion in value after slashing its sales forecast for the second time this year: from 13 to 21 percent, down to eight to 14 percent. Its share price dropped by 30 percent following the updated […]

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https://futurism.com/neoscope/creator-ozempic-terrible-trouble