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Novo Nordisk Forecasts Sharp Revenue Drop in 2026

The maker of Wegovy and Ozempic has predicted a sharp drop in revenues this year, owing to a push by Donald Trump to lower US weight-loss drug prices, rising competition and the loss of key patent protections.
Ozempic, Victoza and Wegovy
Novo Nordisk has warned of “unprecedented” price pressures in 2026, in ‍sharp contrast to rival Eli Lilly's more ⁠upbeat outlook. (Getty Images)

Eli Lilly forecast 2026 profit above Wall Street estimates on Wednesday, betting on surging demand for its obesity drugs as the world’s most valuable drugmaker ⁠prepares to launch its oral weight-loss pill later this ⁠year.

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