Novo Nordisk Stock Surges on Successful Triple-Dose Weight Loss Trial
TL;DR Summary
Novo Nordisk's latest clinical trial shows that tripling the dose of its obesity drug semaglutide results in an average of 19% weight loss over 72 weeks, slightly below Eli Lilly's tirzepatide but still promising, as the company aims to strengthen its position in the competitive obesity market. Despite recent challenges and a 60% stock decline over the past year, analysts see potential upside, with NVO rated as a moderate buy and a 23.4% projected increase.
- Novo Nordisk Stock (NVO) Rises After Triple-Dose Trial Hits 19% Weight Loss TipRanks
- Higher doses of semaglutide can safely enhance weight loss for adults living with obesity, clinical trials confirm Medical Xpress
- Higher dose of Wegovy ups both weight loss and side effects New Scientist
- Triple dose of Novo Nordisk drug delivers 19% weight loss in trials Financial Times
- Why Novo Nordisk Stock Popped Today The Globe and Mail
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