0745 GMT - Novo Nordisk's Wegovy weight-loss pill prescription data will likely drive the near-term stock price following Eli Lilly's launch of its rival pill, Citi analysts write. Eli Lilly launched Foundayo in the U.S. on April 9, with data showing it captured around 3,700 total prescriptions in the week ended April 17--the first full week of data following the launch. This compares to around 3,100 Wegovy pill prescriptions in its first full week and around 124,000 in the week ended April 17. Citi expects initial total prescriptions of Foundayo to be volatile and says it is too early to assess the drug's trajectory and impact on the Wegovy pill. Citi rates Novo Nordisk stock at neutral with a 275 kroner target price. Shares rise 0.6% to 261.60 kroner. (dominic.chopping@wsj.com)
(END) Dow Jones Newswires
April 27, 2026 03:45 ET (07:45 GMT)
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