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Acquired

Novo Nordisk (Ozempic)

12235.558 - 12255.107 Ben Gilbert

It's a very different starting place than I think a lot of people tend to look at businesses. But one thing that is true is that these businesses require a tremendous amount of investment. And so just merely looking at their margins is stupid. I alluded to that earlier, but like, of course they have high gross margins.

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