Bryan, Garnier & Co's News

Novo Nordisk: Is Novo's central scenario realistic?

NEUTRAL, Fair Value DKK375 vs. DKK390 (+3%)
News published on
October Friday 30, 2015


We have adjusted our FV from DKK390 to DKK375 as a consequence of Sanofi’s comments about the pricing situation in the basal insulin US market and in view of the unclear ones from Novo’s management. Should there be a meaningful paradigm shift, Novo would likely be impacted significantly. For further comments and for a more global view, we will wait for the CMD.


For more information, please contact marketing@bryangarnier.com