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0.0020591085271318 -0.000968992248061995 3.87596899225624E-05 0.00569282945736433 0.0186531007751939 0.0411821705426357 0.0350654069767441 0.0265867248062016
Stock impact report

A next-gen Ozempic falls short in a drug trial — and Novo Nordisk stock plunges 20% [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
outside of Copenhagen, Denmark on February 1, 2017. - Image: Liselotte Sabroe (Getty Images) Novo Nordisk ( NVO ) released mixed clinical-trial results for its potential Ozempic successor on Friday, leaving Wall Street disappointed. The pharma giant, known for its blockbuster diabetes drug Ozempic, said its experimental diabetes and weight-loss drug CagriSema fell short of expectations. The drug did not achieve the projected 25% average weight loss anticipated by the company and analysts. Instead, patients in the phase 3 clinical trial lost an average of 22.7% of their body weight after 68 weeks on the medication. For comparison, the highest dose of Wegovy, Novo Nordisk's current weight-loss drug on the market, resulted in an average weight loss of 15% after 68 weeks in clinical trials. Meanwhile, patients taking the highest dose of Eli Lilly's ( LLY ) rival drug, Zepbound, achieved over 20% weight loss after 72 weeks Novo Nordisk stock fell over 20% on Friday morning followin Show less Read more
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