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Novo Nordisk Faces Market Pressure as Eli Lilly Hits $1 Trillion Valuation

Novo Nordisk Faces Market Pressure as Eli Lilly Hits $1 Trillion Valuation

Author:

Global Cryptocurrency

Published:

2025-11-21 17:35:24

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BTCCSquare news:

Novo Nordisk's shares remained stagnant as rival Eli Lilly breached the $1 trillion market capitalization milestone, joining an elite group of non-technology firms. Eli Lilly's 37% year-to-date surge reflects its dominance in the obesity drug market with Zepbound, while Novo Nordisk scrambles to recalibrate operations and regain lost ground.

The Danish pharma firm, now valued at $213.67 billion, recently appointed former CEO Lars Rebien Sørensen as board chair to stabilize leadership. Sørensen has pledged support for CEO Mike Doustdar's transformation plans following the abrupt departure of predecessor Lars Fruergaard Jørgensen.

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