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Novo Nordisk CEO says company is actively seeking deals to expand obesity drug pipeline amid rising competition

Market News
06 May 2026
CNBC
View Source
Bullish
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Novo Nordisk CEO Mike Doustdar announced the company is aggressively pursuing acquisitions and partnerships to broaden its obesity drug pipeline. Despite concerns from analysts about the competitiveness of Novo's pipeline, Doustdar highlighted promising candidates like CagriSema and zenagamtide, expressing confidence in the company's future treatments. This comes after Novo's Wegovy pill outperformed expectations in Q1, prompting an upward revision of full-year profit guidance. The company's strategy aims to maintain leadership in the growing market for GLP-1 weight loss drugs.

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