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Novo Nordisk open to New York listing upgrade, CEO Doustdar tells FT

Summary by WTVB
Sept 23 (Reuters) – Novo Nordisk is open to the ​idea of ‌upgrading its New York listing as part of efforts to ‌raise ​the Danish ⁠weight-loss drugmaker’s profile ⁠in the country,  its chief executive told Financial Times ​in an interview published on ⁠Wednesday. “I clearly ⁠do see ​some advantages with that,” ​CEO Mike Doustdar told ‌the newspaper when asked whether Novo would consider ⁠a direct listing on the New York Stock ⁠Exchange, ‌replaci…

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Lean Right

A possible change in Novo's US listing, a dispute over star's billions and a major Danish company sale. Welcome to today's update.

·Copenhagen, Denmark
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New Nordisk is open to considering a direct listing on the New York Stock Exchange, replacing receipts of shares deposited in the United States (ADRs), through which American investors are currently negotiating their roles, said President Mike Doustdar to the Financial Times (FT), in an interview published on Wednesday (23). The US responds for more than half of New's revenue and for most of the sales of its diabetes and obesity drugs, but the D…

·Rio de Janeiro, Brazil
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Novo Nordisk open to direct New York listing, CEO Doustdar tells FT

·London, United Kingdom
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New is open to the possibility of expanding its presence in the New York Stock Exchange as part of efforts to strengthen the profile of the Danish manufacturer of weight loss medicines in the United States, after a similar initiative adopted by the British rival AstraZeneca earlier this year. Read more (09/23/2026

·São Paulo, Brazil
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Novo Nordisk is considering listing its shares directly on the New York Stock Exchange, rather than having American investors trade them through depositary receipts. The company's CEO, Mike Doustdar, said that such a move has certain advantages, but emphasized that the company is currently not actively working on its implementation. The idea is being considered...

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BizToc broke the news on Wednesday, September 23, 2026.
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