Novo Nordisk shares are trading higher after the company reportedly added Thermo Fisher as a second manufacturer for Wegovy.
Portfolio Pulse from Benzinga Newsdesk
Novo Nordisk has reportedly added Thermo Fisher as a second manufacturer for Wegovy, leading to a rise in Novo Nordisk's shares.
August 23, 2023 | 6:14 pm
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Novo Nordisk's shares are trading higher after adding Thermo Fisher as a second manufacturer for Wegovy.
The addition of Thermo Fisher as a second manufacturer for Wegovy is likely to increase the production and distribution of the drug, potentially leading to increased revenues for Novo Nordisk. This news is directly related to Novo Nordisk and is likely to have a positive impact on its stock price in the short term.
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