Is Novo Nordisk (CPSE:NOVO B) Cheap After Lillys EMA Win Raised GLP 1 Pressure?

yf_tkr_LLY · 2026-10-18 · Bearish AI sentiment

$EMA $LLY $GLP

Eli Lilly’s Foundayo just cleared a key European Medicines Agency panel for obesity and type 2 diabetes, putting direct pressure on Novo Nordisk (CPSE:NOVO B) and its oral Wegovy pill in the obesity treatment market. Novo Nordisk’s share price has moved to DKK259.6, with the stock down 21.39% on a year to date share price basis and the 1-year total shareholder return also down 20.63%, as investors weigh stronger GLP-1 competition, pricing pressure in the U.S., and softer Wegovy pill momentum...

Sector coverage: Utilities · Utilities - Regulated Electric · Healthcare · Drug Manufacturers - General · Energy · Oil & Gas Midstream

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