![Weight-loss drug firm becomes Europe’s most valuable](https://discoverbusiness.co.uk/wp-content/uploads/2023/09/130987098_b1a51f3506ca8407cf8318ec0013d3fa42176bf4.jpg-300x169-etFox5.webp)
Weight-loss drug firm becomes Europe’s most valuable
The maker of weight-loss drug Wegovy has become Europe’s most valuable firm, dethroning the French luxury conglomerate LVMH. Shares rose after the Danish pharmaceutical giant, Novo Nordisk, launched the popular drug in the UK. At the close of trading on Monday, the firm had a stock market valuation of $428bn (£339bn). The drug is now…