Investors angry about insulin woes sue Novo Nordisk in Denmark for $1.75B

16th August 2019 Uncategorised 0

A group of investors sued Novo Nordisk in Denmark for allegedly misleading the public about its insulin franchise’s downward spiral. The lawsuit claims $1.75 billion in losses as pricing pressures and falling sales sent share prices downward—and as Novo points out, broadly resembles a shareholder suit filed in the U.S.

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Source: fierce