Novo Nordisk's Wegovy Gains U.S. Approval for MASH Treatment

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Source: CNBC
Novo Nordisk's Wegovy Gains U.S. Approval for MASH Treatment
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TL;DR Summary

Novo Nordisk's Wegovy has received accelerated FDA approval to treat metabolic dysfunction-associated steatohepatitis (MASH), making it the first GLP-1 treatment approved for this liver condition, leading to a 7.4% rise in the company's shares. The approval is based on positive trial results showing significant improvement in liver fibrosis, and Wegovy's expanded use enhances its position in the metabolic disease market.

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