WEIGHT –Blomberg Big Take looks at the Ozempic Effect: How a Weight Loss Drug Gobbled Up an Entire Economy. The development of semaglutide, the key ingredient in the medicines, has also transformed their maker, Novo Nordisk, into Europe's most valuable company, with profound implications for its home country of Denmark. Novo's market capitalization of more than $570 billion is bigger than the Danish economy. Its philanthropic foundation is now the world's largest, with assets twice those of the Gates Foundation. The drugmaker's income tax bill in Denmark last year was $2.3 billion, and its massive investments and heightened production helped the domestic economy expand almost 2% — more than four times the EU average. That drove record government spending on defense, the green transition and support for Ukraine. Without Novo's contribution, the Danish economy would have stagnated. https://www.bloomberg.com