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Ozempic continues dominance in GLP-1 race

Mounjaro 4Q22 sales fall short of expectations after strong first quarter

February 2, 2023 7:44 PM UTC

Ozempic is maintaining its leadership position in an expanding GLP-1 market, while new entrant Mounjaro disappointed high expectations for its second full quarter on the market.

On Wednesday, Novo Nordisk A/S (CSE:NOVO B; NYSE:NVO) said 2022 sales of once-weekly GLP-1 agonist Ozempic semaglutide were DKK59.8 billion ($8.6 billion), an increase of 77% vs. 2021. For the fourth quarter, Ozempic posted DKK16.98 billion, short of the Street estimate of DKK17.74 billion...