Novo Nordisk Stock Drops After Disappointing Obesity Drug Trial Results

Reported 1 day ago

Novo Nordisk's stock plummeted over 20% in pre-market trading due to disappointing results from its clinical trial for the weight-loss injection CagriSema, which showed lower weight loss than anticipated. This decline contrasts sharply with competitor Eli Lilly, highlighting the competitive landscape in the weight-loss drug market.

Source: YAHOO

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