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Engaged in discovery, development, manufacturing and marketing of pharmaceutical products and has two business segments - diabetes care and biopharmaceuticals.
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xthecritic (36.33) Submitted: 12/17/07 2:17 PM : Start Price: $52.39 NVO Score: 12.19
This is a sector play. Drug manufacturers have been and will continue to outperform the market in the next 12-18 months as we deal with economic weakness. I like the sector overall after several years of pressure from products coming off patent and with positive overall demographic trends.Novo Nordisk is a market leader in diabetes care - already huge and still growing market.
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