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0 -7.53522718709284E-05 0.000678170446838998 -0.000527465903096927 0.00293873860296878 -0.00248662497174299 0.000979579534322925 -0.00972044307135854
Stock impact report

Pfizer discontinues GLP-1 pill trial, stock trades flat [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
A trial participant in the phase III trial of its once-daily pill experienced "potential drug-induced liver injury" that disappeared after the participant stopped the pill, the company said in a statement. "While we are disappointed to discontinue the development of danuglipron, we remain committed to evaluating and advancing promising programs in an effort to bring innovative new medicines to patients," Pfizer chief scientific officer Chris Boshoff said. The company had hoped to compete in the obesity space and had been optimistic in recent public statements about the potential of danuglipron. This is the latest disappointment in what has been a bumpy ride in Pfizer's attempt to enter the hot obesity market and compete with market leaders Eli Lilly ( LLY ) and Novo Nordisk ( NVO ). It previously had a twice-daily pill that was also scrapped after similar liver concerns in 2023 The two obesity market leaders, with their blockbuster injectables, have left room for an oral, or Show less Read more
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