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Stock impact report

NVO, LLY, GPCR & VKTX Stocks Gain Following PFE's Obesity Study Setback [Yahoo! Finance]

Novo Nordisk A/S (NVO) 
Last novo nordisk a/s earnings: 2/5 01:31 am Check Earnings Report
US:NYSE Investor Relations: novonordisk.com/investors.html
Company Research Source: Yahoo! Finance
19.2%, respectively, on Monday after pharma bigwig Pfizer PFE announced that it is discontinuing the development of its GLP-1R weight loss pill, danuglipron. Pfizer has decided to discontinue the development of its oral obesity drug danuglipron, despite promising results from dose-optimization studies that met key pharmacokinetic goals and showed potential for competitive efficacy and tolerability. Although liver enzyme elevations in the enrolled patients were generally consistent with other approved drugs in the same class, one patient experienced a potential case of drug-induced liver injury, which resolved after stopping treatment with danuglipron. After reviewing all clinical data and considering regulatory feedback, Pfizer concluded that halting the program was the best course of action. This decision reverted Pfizer's developmental program for an obesity candidate back to the early clinical stages and has significantly delayed its hopes for marketing an obesity drug that wou Show less Read more
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