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International Business Times
International Business Times
Business

REVEALED: Ozempic maker novo nordisk says ceo to step down | Rare Historical Photos

Novo Nordisk's share price has fallen by more than half since last June (Credit: AFP)

Danish drugmaker Novo Nordisk, known for its blockbuster diabetes and weight-loss treatments Ozempic and Wegovy, said Friday its chief executive was stepping down in the wake of "market challenges".

The company said the decision was made by mutual agreement with the board and that it was searching for a successor for Lars Fruergaard Jorgensen.

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