Novo CEO acknowledges need to rebuild investor confidence after muted capital markets day
read at Endpoints ↗Negative
Novo held a capital markets day on Monday in London, where the company outlined its strategy. Investors said the presentation left them underwhelmed.
CEO Mike Doustdar acknowledged the reaction, saying the drugmaker must work to rebuild confidence among shareholders and analysts.
The feedback highlights concerns about how Novo is communicating its future plans, and the company may need to refine its messaging to reassure the market.
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This writeup was produced by pharmadog from original reporting by Endpoints.
Original headline: “Novo's CEO knows the drugmaker needs to build confidence”
read at Endpoints ↗86 words · retrieved Sep 22
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