Novo Nordisk shares plunge after profit warning over US weight-loss copycats
Share slide wipes more than €60bn off value of Danish maker of Ozempic and Wegovy
Share slide wipes more than €60bn off value of Danish maker of Ozempic and Wegovy

US administration is in negotiations over cost of Danish group’s best-selling obesity drug

Danish group loses share in diabetes drugs to rivals, with first-half sales growth easing to 8%

Once-a-week injection achieved less weight loss than rival treatment

Danish group’s challenges mount despite winning reprieve after Hims & Hers withdraws plan to sell copycat Wegovy pill

Danish drugmaker expects sales and profit growth at lower end of its guidance this year

Outcome is blow to one of Europe’s largest listed companies