April 28, 2025
Business Denmark europe news Pharmaceuticals industry UK news

Wegovy maker Novo Nordisk becomes Europe’s most valuable firm

Wegovy maker Novo Nordisk becomes Europe’s most valuable firm

Launch of weight-loss drug in UK helps Danish firm to market value of $428bn

The success of the weightloss drug Wegovy has helped its Danish manufacturer to overtake the French luxury group LVMH as Europe’s most valuable company.

After Novo Nordisk, which specialises in diabetes and weight loss treatments, launched Wegovy in the UK on Monday, its share price rose 0.7% to Danish kronor 1,310.80 ($190).

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