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Highlights to be presented at Novo’s Capital Markets Day 2026

Key Takeaway: Novo Nordisk is hosting its Capital Markets Day in London, outlining its corporate strategy and ambitions for 2030. Key highlights include plans to launch more than five multi-blockbuster drugs and to serve over 60 million patients globally. The company aims for sustainable growth and attractive returns while maintaining a stable operating margin.
Price reaction · baseline $43.24 (2026-09-18 close) · hit pre-market · 2 other NVO headline(s) in the window, move may be shared
day 0 close
-8%
day 1
-8.9%
day 3 · peak
-10.7%

Market Sentiment Analysis

POSITIVE FACTORS

  • Novo aims to launch over 5 multi-blockbusters by 2030.
  • Plans to serve over 60 million patients globally by 2030.
  • Commitment to maintain an attractive dividend per share.

BiopharmaWatch Analysis

From our catalyst data and publicly available data · not financial advice
Best trade, last catalyst
+46%
120-day peak, hindsight
Typical move
2.9%
average across 15 past catalysts
Lead asset
NNC0487-0111
Phase 3 · Obesity

Full Press Release Details

Bagsværd, Denmark, 21 September 2026 – Novo Nordisk is today hosting a Capital Markets Day (CMD) in London, where the company is providing an update to its Corporate strategy and strategic ambitions for 2030 1 .
During the day, Novo senior management presentations will cover Corporate strategy, R&D strategy, where to play and how to win across therapy areas, Commercial strategy in the US and International Operations, Global Manufacturing & Supply and Financials.
Key highlights of the strategic ambitions for 2030 1 are:
Grow and diversify pipeline
• Launch >5 multi-blockbusters by 2030 and deliver >150 bDKK 2 pipeline sales in 2035
• ≥5 Phase 3 programmes in obesity and diabetes 3
• ≥5 Phase 3 programmes in other TAs 3
Drive sustainable growth
• Deliver 2026-30 revenue CAGR in line with industry peers 1
• Scale capacity to be able to serve 10x more people with obesity on oral GLP-1
• Serve >60m patients globally by 2030
Deliver attractive returns
• Maintain a broadly stable operating margin 1
• Maintain an attractive dividend per share
All sessions of the CMD are webcast live, and a replay will be made available in the investor section of novonordisk.com. Presentation material from the CMD will also be available throughout the day in the investor section of novonordisk.com.
Novo is the global healthcare company that believes lasting health starts now. For over a century, we’ve combined leading scientific expertise with a deep understanding of people’s lives. We develop treatments and support that help millions of people make progress they can see, feel and sustain now and in the future. Every day, approximately 66,000 employees around the world advance our purpose to drive change for lasting health. Through our partnerships, programmes and investments, we’re working to prevent disease, expand access to treatments and reduce our environmental impact to help even more people live healthier lives. For more information, visit novonordisk.com and follow us on Instagram, LinkedIn, TikTok, Facebook, X and YouTube.
This press release may contain certain forward-looking statements relating to the operating, research & development, financial and sustainability performance and results of Novo and/or the industry in which it operates. By their very nature, forward-looking statements involve risks, uncertainties and assumptions, both general and specific, and actual results may differ materially from those contemplated, expressed or implied by any forward-looking statement. Please refer to: http://novonordisk.com/news-and-media/news-and-ir-materials/news-details/forward-looking-statement-cmd-2026.html for further information.
Contacts for further information
1 All ambitions are by 2030 from a 2026 baseline, they are inherently uncertain and do not constitute Novo’s financial outlook or guidance; revenue and margin ambitions are all based on adjusted metrics; CAGR: Compound annual growth rate; Industry peers: Eli Lilly, AstraZeneca, Gilead, Johnson & Johnson, AbbVie, Novartis, Sanofi, Roche, GSK, Amgen, Merck & Co, Biogen, Pfizer, Bristol Myers Squibb
2 >150 bDKK ambition is risk-adjusted and includes current pipeline assets
3 Enter or complete, including new and current programmes; TA: Therapy areas
Attachment
• PR260921-CMD-2026

Frequently Asked Questions

What are Novo's key goals for 2030?

Novo aims to launch over five multi-blockbusters and serve more than 60 million patients globally.

Where is Novo's Capital Markets Day being held?

The Capital Markets Day is taking place in London.

What is the expected revenue growth for Novo?

Novo targets a revenue CAGR in line with industry peers from 2026 to 2030.

How many Phase 3 programs does Novo plan?

Novo plans to have at least five Phase 3 programs in obesity and diabetes.

Last updated: Sep 21, 2026