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NOVO B — Novo Nordisk A/S News Story

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Novo Nordisk seen rising as Wegovy pill, Q3 profit beat forecasts

BUZZ-Novo Nordisk seen rising as Wegovy pill, Q3 profit beat forecasts

** Shares in Novo Nordisk NOVOb.CO are seen rising around 3-4% after the Danish drugmaker posted better-than-expected Q3 results and hiked its full-year sales and profit outlook

** Jefferies says favourable pricing and rebate adjustments boosted quarterly sales, adding that injectable Wegovy would have missed its estimates without this benefit

** Novo added finance chief Karsten Munk Knudsen will leave the company at the end of December, to be replaced by Galderma CFO Luigi La Corte, a change Jefferies says could spark a debate among investors



($1 = 6.6544 Danish crowns)


(Reporting by Jesus Calero)

((jesus.calero@thomsonreuters.com))

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