Novo Nordisk Board Shake-Up Amidst Health Industry Shifts

Novo Nordisk's top shareholder aims to rejuvenate its board, focusing on U.S. market growth for Wegovy. France heightens bird flu alerts, while Spain bans cattle exports over disease concerns. The Trump administration considers a probe on international drug pricing, impacting trade dynamics.

Novo Nordisk's primary investor has initiated significant changes by gaining control of the board, targeting an increase in U.S. market sales of the weight-loss drug Wegovy, leading to the resignation of current board members.

Amid new bird flu cases, France escalates its alert level, enforcing indoor confinement for poultry, as fears over the disease's spread heighten across Europe.

In response to an outbreak of lumpy skin disease, Spain has temporarily halted live cattle exports, while the Trump administration plans an investigation into global drug pricing strategies, hinting at impending tariffs.

(With inputs from agencies.)