Compounding pharmacies are crimping sales of Novo Nordisk's obesity drug Wegovy by making what are essentially copies of the name-brand medicine. The company says it trying to stop them.

Danish pharmaceutical giant Novo Nordisk on Tuesday cut its full-year sales and profit guidance.

The Danish weight loss drug-maker claims "knock-off" treatments are hitting growth.

Compounding pharmacies are crimping sales of Novo Nordisk's obesity drug Wegovy by making what are essentially copies of the name-brand medicine. The company says it trying to…

The bank downgraded the Danish pharmaceutical giant to neutral from buy and decreased its price target.