Article 73RXX Wegovy and Ozempic owner dealt blow as next-gen weight-loss drug is labelled ‘obsolete’

Wegovy and Ozempic owner dealt blow as next-gen weight-loss drug is labelled ‘obsolete’

by
Julia Kollewe
from on (#73RXX)

Novo Nordisk's shares fall sharply after testing of CagriSema falls short of investors' expectations

The owner of Wegovy and Ozempic has suffered a significant setback, as its highly anticipated new weight-loss treatment was labelled obsolete" after disappointing clinical trials.

Novo Nordisk's shares fell sharply on Monday after the results from testing the Danish company's CagriSema drug fell short of investors' expectations.

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