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But he added that the company seeks to build volume growth to offset those price cuts, which "will not be overnight." Doustdar added that on top of progressing its own pipeline, Novo Nordisk will be active on the business development side to "see if anyone else out there has something that can complement our own pipeline." Those comments come after Novo Nordisk lost a heated bidding war with Pfizer last year over the obesity biotech Metsera