Will AI help Denmark avoid its Nokia moment as Ozempic boom starts fading?

Remember Nokia Oyj, Finland’s economic miracle that turned to dust? The Danes do. Their own mini-boom of recent years has been largely fueled by one firm, Ozempic maker Novo Nordisk A/S, whose diabetes and weight-loss medications are under competitive assault from US rival Eli Lilly & Co. Novo’s share price has halved in six months; it’s given up its crown of Europe’s most valuable firm to SAP SE.

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