Like sands through the hour glass …..

Like sands through the hour glass …..

This morning Novo Nordisk (NYSE: NVO) announced that “Jakob Riis, executive vice president, head of North America Operations and president of Novo Nordisk Inc. has resigned from the company.” Although the company did not provide an explanation as to why Mr. Riis resigned this move is just a continuation of the change going on at Novo as it grapples with changing market dynamics. The fact is Novo is struggling to adapt to a world where price trumps performance . . .

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