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NVO - Novo Nordisk A/S

Analyst Coverage Initiated Signal for 04-12-2024
Analyst Coverage Initiated: NVO rating Outperform by BMO Capital Markets
Price Target: $163



Stock Signal Information


Signal

Analyst Coverage Initiated Stock
Report Date: 04-12-2024
Symbol: NVO - Novo Nordisk A/S
Sector: Healthcare
Industry: Biotechnology
Analyst Coverage Initiated: NVO rating Outperform by BMO Capital Markets
Price Target: $163

  NVO Technical Chart

Company Contact

Novo Nordisk A/S (NVO)
Novo Alle
Bagsvaerd, 2880
Phone: 45 44 44 88 88
Website: https://www.novonordisk.com
CEO: Mr. Lars Fruergaard Jrgensen


Company Profile

Novo Nordisk A/S, a healthcare company, engages in the research, development, manufacture, and marketing of pharmaceutical products worldwide. It operates in two segments, Diabetes and Obesity care, and Biopharmaceuticals. The Diabetes and Obesity care segment provides products in the areas of insulins, GLP-1 and related delivery systems, oral antidiabetic products, obesity, and other chronic diseases. The Biopharmaceuticals segment offers products in the areas of haemophilia, growth disorders, and hormone replacement therapy. The company has a strategic alliance with Evotec AG to discover and develop small molecule therapies to treat patients suffering from diabetes, obesity, and co-morbidities, as well as has a research collaboration with Kallyope Inc. It also has collaboration agreements with Lund University to develop stem cell-derived treatment for Parkinson's diseases; Staten Biotechnology B.V. to develop novel therapeutics for the treatment of dyslipidaemia; Medtronic plc to develop integrated digital solutions for people with diabetes; and bluebird bio, Inc. to develop in vivo genome editing treatments for genetic diseases. The company was founded in 1923 and is headquartered in Bagsvaerd, Denmark.