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The Nexus
BUSINESSAug 5 · 12:40 UTCFINANCIAL TIMES WORLD

Eli Lilly and Novo Nordisk raise profit outlook as weight-loss drug demand soars

Eli Lilly and Novo Nordisk raised their profit outlooks due to increased demand for weight-loss drugs. Investors are showing a dim view of Novo Nordisk's over-reliance on obesity treatments, causing diverging share prices between the two drugmakers.

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