As a Barclays analyst put it, it’s been a “slow-moving car crash”. Early supply shortages pushed patients to competitors, ...

CNBC's Karen Gilchrist discusses Wegovy-maker Novo Nordisk's efforts to regain U.S. market share amid increased competition ...

Denmark’s status as one of the few countries in Europe with an expanding economy rests in part on the success of its ...

The pharmaceutical giant cut its guidance and said U.S. sales of Ozempic grew more slowly.

STOCKHOLM (Reuters) - Volvo Cars' battery company Novo Energy said on Monday it will cut its workforce by 50% to reduce costs after evaluating its business to take account of the bankruptcy of ...

(RTTNews) - NOVO Energy, the battery unit of Swedish luxury car maker Volvo Car AB (VLVOF, VOLCAR-B.ST), announced Monday around 50 percent reduction in its workforce, as part of its actions to ...

Danish pharmaceutical giant Novo Nordisk posted a sharp rise in second-quarter net profit Wednesday, but rising competition ...

Today's biotech news updates include rogue CAR-T treatment in Spain, halting illegal Wegovy sales, and Pfizer fumbling the bag.

Volvo Cars and Northvolt, once hailed as Europe's best prospect for a domestic EV battery champion, formed Novo in 2021 to build a dedicated battery factory in Gothenburg on Sweden's west coast.

Novo Nordisk ended a short-lived agreement to sell its Wegovy weight-loss drug through Hims & Hers Health on Monday, sending shares of the U.S. telehealth company plunging more than 30%.