Novo Nordisk Wegovy rebound fades after Q2 update
Novo Nordisk reported strong first-quarter results, but its second-quarter update erased much of that momentum. Wegovy met expectations in Q1 yet fell short in Q2. The company still leads oral weight-loss competition, aided by expanding adoption among GLP-1–naïve patients, but rising competitive pressure from Eli Lilly could intensify. Future clinical wins may help strengthen its approved portfolio.