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Novo defends diversification push as CEO eyes deals beyond obesity

Novo CEO Mike Doustdar told CNBC that it is considering M&A opportunities as it faces growing competition in the weight-loss market.

1 report1 sourceSep 22, 2026, 10:10 AM
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CNBCSep 22, 2026, 10:10 AM

Novo defends diversification push as CEO eyes deals beyond obesity

Novo CEO Mike Doustdar told CNBC that it is considering M&A opportunities as it faces growing competition in the weight-loss market.

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