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Novo Nordisk open to direct NYSE listing, CEO says, but no active plans yet

Market News
23 Sep 2026
Proactive Investors
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Novo Nordisk open to direct NYSE listing, CEO says, but no active plans yet

Novo Nordisk's CEO Mike Doustdar said the Danish pharma company is open to a direct listing on the New York Stock Exchange, which would replace its current American depositary receipt (ADR) structure. However, the company is not actively pursuing this change now, keeping it as a future option. The move would allow US investors to buy shares directly on the NYSE rather than through ADRs. Shares dropped over 2% following the announcement, while Novo Nordisk also outlined plans to diversify and expand its drug pipeline by 2030.

Novo Nordisk shares are trading at USD 38.28 on Pluang as of Sep 24, 2026 01:03 WIB, down 2.84% in the last day. The stock's market cap stands at $175.28 billion, reflecting its significant size in the health sector. On Pluang, 89% of order activity is buying, indicating strong investor interest despite recent price declines.

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