546.81BMarket Cap46.20P/E (TTM)
124.540High122.460Low4.99MVolume123.480Open122.750Pre Close615.17MTurnover0.16%Turnover Ratio46.20P/E (Static)4.46BShares137.29052wk High35.97P/B391.42BFloat Cap74.66252wk Low1.04Dividend TTM3.19BShs Float137.290Historical High0.85%Div YieldTTM1.70%Amplitude-3.084Historical Low123.336Avg Price1Lot Size
Novo-Nordisk A/S Stock Forum
$Eli Lilly and Co(LLY.US)$ and $Novo-Nordisk A/S(NVO.US)$ are not on the list (they will be next year of course...). Just shows how forward looking our industry is as both have higher market caps than any of the top 10 companies
Revenue from both companies GLP-1 drugs totaled $33.6 bil last yr, an impressive number that almost certainly will grow this yr,
But let's put that $285 bil incr in mkt value into perspective,
$AbbVie(ABBV.US)$ has a $315 bil MCap, not much bigger than the combined Q1 incr in mkt value for LLY & NVO,
ABBV had $54 bil in revenue in 2023, compared ...
Recent Biopharma Funding Activity
– Private Funding –
Clasp Therapeutics
🏦 Launched w/ $150M Series A financing from several investors to develop their T-cell engagers (TCE) pipeline.
Capstan Therapeutics
🏦 Closed $175M Series B financing led by RA Capital Management to support the advancement of CPTX2309, their in vivo CAR-T product candidate.
Engrail Therapeutics
🏦 Closed $157M Series B financing round to advance the development of their therapies.
Pan...
🔥 M&A News 🔥
⇒ $137.5M deal at $20.42/sh 💰💰
⇒ strengthens portfolio in inflammatory & autoimmune diseases
⇒ Adds lead asset NX-13 (Ph2 trial UC)
$Nuvation Bio(NUVB.US)$ to acquire AnHeart Therapeutics
⇒ all-stock transaction
⇒ transforms NUVB into late-stage global oncology company
⇒ Includes taletrectinib with ongoing trials NSCLC)
$Novo-Nordisk A/S(NVO.US)$ to acquire Cardior Pharmaceuticals
⇒ 1.025 B euros deal 💰💰
⇒ strengthens pi...
125?
NVO and LLY "blinked" at one point during the market.
Covering obesity drugs would lead to higher COSTS for the U.S. than the anticipated SAVINGS, potentially RAISING the U.S. 🇺🇸 DEFICIT over the next 10 years.- CBO
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