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CEO of Novo Nordisk, maker of weight loss drug Wegovy, to step down in wake of share price drop

CEO of Novo Nordisk, maker of weight loss drug Wegovy, to step down in wake of share price drop

Danish pharmaceutical company Novo Nordisk A/S, maker of blockbuster weight loss drug Wegovy, said Friday its CEO was stepping down by "mutual agreement" with the company's board of directors, citing "recent market challenges" and a steep decline in the company's share price.

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