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Headlines

Novo Nordisk says it's not immune to potential Trump tariffs, but business is well-positioned

Published by Global Banking and Finance Review

Posted on February 5, 2025

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LONDON (Reuters) - Wegovy maker Novo Nordisk is not immune to tariffs U.S. President Donald Trump is threatening to levy on the European Union, its chief executive said on Wednesday, but it is confident its business is well-positioned.

Novo Nordisk CEO Lars Fruergaard Jorgensen was speaking to journalists at the company's headquarters just outside Copenhagen after the company reported fourth-quarter earnings.

(Reporting by Maggie Fick; Editing by Emelia Sithole-Matarise)