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Novo Nordisk’s CEO Forced Out After Falling Behind In GLP-1 Battle

 
• By Andrew McConaghie

Company surprises investors with Jørgensen's exit but insists its strategy will not change.

Novo Nordisk
• Source: Shutterstock

Novo Nordisk’s CEO Lars Fruergaard Jørgensen is to depart after its controlling foundation called for change following a run of disappointing trial results and a steeply declining share price.

The Danish company’s fortunes have been transformed in the past few years by its blockbuster GLP-1 agonist, semaglutide, known as...

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