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Novo Nordisk CEO Faces Investor Scrutiny Amid Bidding War

11/5/2025

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Story summary
  • Novo Nordisk's new CEO Mike Doustdar faces investor scrutiny as it prepares third-quarter results amid a Pfizer bidding war.
  • Novo Nordisk's stock has fallen 50% this year, triggering a board shakeup after Novo Nordisk Foundation seized control.
  • Analysts focus on Doustdar's plan to revive growth in the obesity market amid rising competition.
  • Hims & Hers Health Inc. is in preliminary talks with Novo Nordisk to sell a new obesity pill.