Novo Nordisk A/S
Novo Nordisk's Wegovy wins FDA approval for heart health benefits, in move that could expand insurance coverage
Injection pens of Novo Nordisk’s weight-loss drug Wegovy are shown in this photo illustration in Oslo, Norway, Nov. 21, 2023. Victoria Klesty | Reuters The Food and Drug Administration approved Novo Nordisk‘s blockbuster weight loss drug Wegovy for use in slashing the risk of serious cardiovascular complications in people with obesity and heart disease, the […]
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Novo Nordisk CEO says experimental weight loss pill could become a best in class drug
Novo Nordisk CEO Lars Fruergaard Jørgensen on Friday said the company’s experimental weight loss pill, amycretin, could eventually become a best-in-class treatment for obesity. The Danish drugmaker is racing to capitalize on the runaway success of its blockbuster weight loss drug Wegovy by developing a new generation of treatments for obesity, including more convenient and […]
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Novo Nordisk market cap surpasses Tesla on new obesity pill trial data
The logo of Danish pharmaceutical company is pictured at their headquarters in Bagsvaerd outside of Copenhagen, Denmark on February 1, 2017. Liselotte Sabroe | AFP | Getty Images Wegovy obesity drug maker Novo Nordisk surpassed Tesla in market value Thursday, after fresh early trial data showed positive results for its new experimental weight loss pill. […]
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Cigna launches effort to cap employer insurance plan spending on weight loss drugs
Injection pens of Novo Nordisk’s weight-loss drug Wegovy are shown in this photo illustration in Oslo, Norway, Nov. 21, 2023. Victoria Klesty | Reuters Cigna on Thursday unveiled a new effort to expand insurance coverage for weight loss drugs by limiting how much health plans and employers spend on the highly popular treatments each year. […]
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Novo Nordisk shares soar 5% on promising fat reduction demo final results Eli Lilly dips
Jonathan Raa | Nurphoto | Getty Photos Novo Nordisk shares climbed 5% on Thursday early morning, in accordance to LSEG details, hitting a fresh new record highs right after the Danish pharmaceutical big claimed positive early demo data for a new experimental fat loss drug. The company told an investor assembly that the Section I […]
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Novo Nordisk's diabetes drug Ozempic slashed the risk of kidney disease progression in trial
This picture taken on October 23, 2023, shows Ozempic medication boxes, an injectable antidiabetic drug, in a pharmacy in Riedisheim, eastern France. Sebastien Bozon | Afp | Getty Images Novo Nordisk‘s blockbuster drug Ozempic cut the risk of kidney disease progression and related health complications in diabetic patients, according to initial late-stage trial results released […]
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Viking Therapeutics emerges as a strong weight loss drug player — or takeover target
Cr | Istock | Getty Images Biotech company Viking Therapeutics has emerged as a strong potential entrant — or takeover target — in the budding weight loss drug market. Viking is just one of several companies racing to join the growing space. Some analysts say the market could be worth $100 billion by the end […]
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Europe is obtaining its worst earnings period considering the fact that the onset of Covid — with small hope of a brief turnaround
Arc of Triomphe Paris, Champs-Elysees France at evening vichie81 / iStock / Getty Visuals In addition LONDON — All over a 50 percent of European firms missed earnings expectations in the latest reporting season despite presently minimal expectations, analysts advised CNBC, who predicted that the location will proceed to struggle amid large desire charges. As […]
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Here is Eli Lilly's competitive edge in GLP-1 obesity drugs and Abbott's secondary play
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. (We’re no longer recording the audio, so we can get this new written feature to members as quickly as possible.) Inflation relief: The stock market was […]
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CNBC Day by day Open: Markets brace for Fed's essential inflation gauge
A trader performs all through the closing bell at the New York Inventory Exchange (NYSE) on March 17, 2020 at Wall Street in New York Metropolis. Johannes Eisele | Afp | Getty Visuals This report is from present-day CNBC Every day Open up, our global marketplaces publication. CNBC Daily Open delivers buyers up to speed […]
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