meta_pixel
Tapesearch Logo
Log in
WSJ What’s News

Can Ozempic Maker Novo Nordisk Keep Up Its Momentum?

WSJ What’s News

The Wall Street Journal

News, Daily News

4.14.2K Ratings

🗓️ 2 May 2024

⏱️ 12 minutes

🧾️ Download transcript

Summary

A.M. Edition for May 2. Danish pharmaceutical giant Novo Nordisk upped its full-year guidance today as it reported continued strong demand for its blockbuster weight-loss and diabetes drugs. Barclays analyst Emily Field discusses where the drugmaker could go from here. Plus, Exxon Mobil reaches an agreement to close its $60 billion merger with Pioneer. And TikTok strikes a licensing deal to return Universal Music artists to the platform. Luke Vargas hosts. Listening on Google Podcasts? Here's our guide for switching to a different podcast player. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

This episode is brought to you by Oracle.

0:03.0

AI is storming every industry, but how do you compete without costs spiraling out of control?

0:08.9

Time to upgrade to Oracle Cloud Infrastructure, or OCI.

0:13.4

OCI is one efficient platform for your infrastructure, database and application development

0:18.7

with AI built in.

0:20.4

Do more and spend less like Uber, the Premier League and Oracle Red Bull Racing.

0:25.0

Take a free test drive at oracle.com slash Spotify.

0:29.0

It's blue skies for Novo Nordisk as the maker of Ozempik and Wagoi

0:37.8

reports strong demand for its blockbuster drugs.

0:41.1

This morning Novo talked about a quadrupling of new patients starting Wagovi on a weekly

0:45.9

basis in the United States.

0:47.6

Secondly, growth is going to come from really continuing to add data to the library for these drugs that you not only lose weight

0:54.8

but you have benefits across all sorts of other health outcomes.

0:58.0

Plus ExxonMobil reaches an agreement to close its mega deal for Pioneer and cue the music as

1:05.2

Tic-Toc and Universal Music Make Nice.

1:08.4

It's Thursday, May 2nd.

1:10.2

I'm Luke Vargas for the Wall Street Journal,

1:12.2

and here is the AM edition of What's News,

1:15.4

the top headlines and business stories moving your world today. We are exclusively reporting that Chubb, the insurer of Baltimore's collapsed Francis

1:27.9

Scott Key Bridge, is preparing to make a 350 million dollar payout to the state of Maryland, choosing to pay the full amount of the coverage

1:36.5

quickly rather than waiting for rebuilding to begin.

1:40.3

It is the first large payout in what's likely to be a years long fight over who bears the more than $1 billion in estimated costs associated with the bridge's March collapse after it was struck by a cargo ship killing six people.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from The Wall Street Journal, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of The Wall Street Journal and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.