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Novo Nordisk's diabetes drug Ozempic may lower the risk of opioid overdoses, study says
CNBC· 2024-09-25 23:00
A box of Ozempic made by Novo Nordisk is seen at a pharmacy in London, Britain March 8, 2024.Novo Nordisk's blockbuster diabetes drug Ozempic may decrease the risk of opioid overdoses in certain patients, demonstrating its potential as an alternative treatment for opioid use disorder, according to a new study released Wednesday. The active ingredient in Ozempic, semaglutide, was associated with a "significantly lower" opioid overdose risk than other diabetes medications in people diagnosed with both Type 2 ...
Belltopper Gold Project Video
GlobeNewswire News Room· 2024-09-25 21:25
VANCOUVER, British Columbia, Sept. 25, 2024 (GLOBE NEWSWIRE) -- Novo Resources Corp. (Novo or the Company) (ASX: NVO) (TSX: NVO) (OTCQX: NSRPF) is pleased to provide a video update on the Company’s highly prospective Belltopper Gold Project (“Belltopper”), following the Company’s recent announcement titled “Belltopper Mineralisation Modelling Defines Prospectivity” released to the ASX on 25 September 2024 (“Belltopper Announcement”). To view the video update, please follow the link to the Company’s website ...
Novo Nordisk's Setback Won't Last: A Game-Changing Drug Emerges
MarketBeat· 2024-09-24 21:54
Novo Nordisk A/S TodayNVONovo Nordisk A/S$124.61 +0.91 (+0.74%) 52-Week Range$86.96▼$148.15Dividend Yield0.58%P/E Ratio42.97Price Target$145.17Add to WatchlistNovo Nordisk NYSE: NVO took a hit on its stock price last week after it received bad news on one of its in-development treatments. At the same time, shares of big and small competitors rallied as a result. This included firms like Eli Lilly NYSE: LLY and Structure Therapeutics NASDAQ: GPCR.The drug in question was monlunabant. Although not a GLP-1 tre ...
Novo Nordisk CEO to testify at Senate hearing over high weight loss drug prices
CNBC· 2024-09-24 19:00
Lars Fruergaard Jørgensen, CEO of Novo Nordisk, speaks during an interview in New York on Aug. 10, 2022.Novo Nordisk's top executive is slated to face a Senate grilling on Tuesday over the high prices of the company's weight loss drug Wegovy and diabetes treatment Ozempic, as demand for both injections soars in the U.S. Novo Nordisk CEO Lars Fruergaard Jørgensen will testify at a Senate Health, Education, Labor and Pensions Committee hearing at 10 a.m. ET on Tuesday in Washington, D.C. It comes roughly five ...
Novo Nordisk Stock Slips as CEO Faces Senate Inquiry Into Wegovy, Ozempic Prices
Investopedia· 2024-09-24 02:40
Key TakeawaysNovo Nordisk CEO Lars Fruergaard Jorgensen will testify Tuesday before a Senate panel looking into the drug maker's pricing of weight-loss drugs Wegovy and Ozempic.The committee accused the company of charging "outrageously high prices" for the treatments.Jorgensen has defended the costs, and said most Americans with insurance pay $25 a month for Wegovy. Novo Nordisk's (NVO) U.S.-listed shares lost ground Monday, a day before a Senate hearing on the costs of the company's popular weight-loss dr ...
Novo Nordisk CEO To Face Senate Scrutiny Over High Ozempic And Wegovy Prices, Hearing Scheduled On Tuesday
Benzinga· 2024-09-24 01:11
Lars Fruergaard Jørgensen, President and CEO of Novo Nordisk A/S NVO, is set to face tough questions from the U.S. lawmakers regarding the steep prices of the company’s diabetes and weight-loss drugs, including Ozempic and Wegovy.The United States Senate Committee on Health, Education, Labor, and Pensions (HELP) hearing is scheduled for Tuesday, September 24th.Leading the charge is Senator Bernie Sanders, chair of the Senate committee, who has been outspoken about the high cost of these medicines.Also Read: ...
NVO Stock Down on Unsatisfactory Data From Mid-Stage Obesity Study
ZACKS· 2024-09-24 00:21
Shares of Novo Nordisk (NVO) lost 5.5% on Friday after the company announced top-line data from a mid-stage study evaluating the safety and efficacy of its investigational candidate, monlunabant (formerly INV-202), to treat obesity. The stock price is likely to have declined as the efficacy and safety results failed to impress the investors.Monlunabant, a small molecule oral cannabinoid receptor 1 (CB1) inverse agonist, was added to Novo Nordisk’s clinical pipeline following the acquisition of Inversago Pha ...
Why Novo Nordisk Stock Fell While Eli Lilly and Viking Therapeutics Bumped Higher Today
The Motley Fool· 2024-09-21 06:14
The prospects of the latter two companies looked better following the European pharmaceutical's new clinical trial readout.In the pharmaceutical world, it's never good for a company to stumble in a hot therapeutic area, especially if it has some determined rivals competing in the same segment.That was the dynamic behind Wegovy and Ozempic developer Novo Nordisk's (NVO -5.46%) Friday stumble on the stock exchange --following its latest news from the lab -- and the gains enjoyed that day by up-and-coming Viki ...
Novo Nordisk Sinks on Obesity Drug Study's Disappointing Results
Investopedia· 2024-09-21 03:05
文章核心观点 - 诺和诺德公司的新型肥胖治疗药物在2a期临床试验中,高剂量组的疗效效果有限[1] - 公司将在明年启动更大规模的2b期临床试验,进一步研究该药物的剂量和安全性[2] - 诺和诺德公司是体重管理药物领域的领导者,其Wegovy和Ozempic注射剂备受欢迎,但也因价格过高受到批评[2] - 诺和诺德公司股价在当日下跌超过5%,但今年以来仍上涨超过22%[2][3] 根据目录分类总结 临床试验结果 - 在基线体重110.1公斤的患者中,每天服用10毫克的药物16周,体重下降7.1公斤,而安慰剂组仅下降0.7公斤[1] - 但增加剂量后,额外的减重效果有限[1] - 该药物还出现了一些轻度至中度的神经精神副作用,如焦虑、易怒和睡眠障碍,且与剂量呈正相关[1] 后续计划 - 公司将在明年启动更大规模的2b期临床试验,进一步研究该药物的剂量和安全性[2] 行业地位 - 诺和诺德公司是体重管理药物领域的领导者,其Wegovy和Ozempic注射剂备受欢迎[2] - 但该公司的药物价格过高,受到批评[2] 股价表现 - 诺和诺德公司股价在当日下跌超过5%,但今年以来仍上涨超过22%[2][3]
NVO Gets Positive CHMP Opinion for Wegovy's Label Update in EU
ZACKS· 2024-09-21 00:06
Novo Nordisk A/S (NVO) announced that the European Medicines Agency’s Committee for Medicinal Products for Human Use (“CHMP”) adopted a positive opinion, recommending a label update of its blockbuster weekly injection for chronic weight management, Wegovy (semaglutide 2.4 mg).The CHMP has recommended a label update for Wegovy that reflects reduced heart failure symptoms, improved physical limitations and exercise function in people with obesity-related heart failure with preserved ejection fraction (HFpEF), ...