More data from Novo Nordisk’s (NOV: N) ONWARDS program show positive results for the firm’s new once-weekly insulin product, insulin icodec.
While Novo has placed significant strategic emphasis on the development of its GLP-1 franchise, including a potentially highly lucrative expansion into diabetes, the company’s core insulin business remains essential to its financial future.
Analysts have forecast that the insulin market in America could soon be worth over $10 billion, with around a tenth of that going to new copycats.
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