NOVO NORDISK SHARES SLIDE AFTER OZEMPIC PILL FAILS IN ALZHEIMER’S TRIALS
https://i.guim.co.uk/img/media/cd505d93b90dde151c4989c5edff41c924b5c3d0/846_0_6829_5466/master/6829.jpg?width=140&quality=85&auto=format&fit=max&s=23fb415fc8e1c1ef96aede4413d115ca
✍️ Novo Nordisk shares plummeted after the company announced that its weight-loss drug Ozempic failed to slow the progression of Alzheimer's disease in two large studies.
👉 Novo Nordisk's shares dropped by over 10% after the company announced the failure of the studies 👉 The pill version of Ozempic did not slow the progression of Alzheimer's disease 👉 Novo Nordisk had hoped to find a new use for Ozempic, which is already used to treat diabetes 👉 The company has lost over half its value this year due to concerns about its ability to win back its early lead
-- #MartinHolstLange #MikeDoustdar #LarsFruergaardJørgensen #Copenhagen #Europe #US #health
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