It was the best of times, it was the worst of times

Although the famous novel by Charles Dickens A Tale of Two Cites was not set in Denmark that famous quote It was the best of times, it was the worst of times applies to what’s happening to Novo Nordisk who released results this morning. It’s the best of times because sales of GLP-1’s continue to accelerate, it’s the worst of times because insulin is now a commodity. It’s the best of times because Novo has a solid and expanding portfolio of GLP-1’s, it’s the worst of times as the insulin market . . .

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