2:35 PM
Aug 08, 2018
 |  BC Extra  |  Company News

Novo Nordisk's Tresiba, Victoza sales disappoint amid sliding U.S. sales

Novo Nordisk A/S (CSE:NOVO B; NYSE:NVO) shares dipped Wednesday after reporting declining U.S. sales and disappointing revenues for diabetes drugs Tresiba insulin degludec and Victoza liraglutide in its 2Q18 earnings. Novo also predicted lower U.S. drug prices for next year.

The pharma lost DKK19.25 to DKK303.65 in Copenhagen and $3.12 to $47.11 in New York.

Novo's 2Q18 U.S. sales fell 4% in local...

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