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Novo Nordisk's CEO Steps Down Amid Market Challenges as Rival Sales Surge

Novo Nordisk's CEO Steps Down Amid Market Challenges as Rival Sales Surge

BUSINESS - 5/16/2025

In a surprising move, Novo Nordisk CEO Lars Fruergaard Jorgensen steps down as the company faces significant market challenges and competition from Eli Lilly's Zepbound. With share prices plummeting, the board seeks new leadership to navigate the turbulent landscape.

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