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0.000518951333897097 0.00188360113784889 0.00167217652033521 -0.000124932728530678 0.000240255247174598 -0.00342123471976623 -0.00246021373106783 0.000903359729376542
Stock impact report

Novo Nordisk sinks 15% after weight loss drug fails to match Eli Lilly's in trial [MSNBC.com]

Eli Lilly and Company (LLY) 
Last eli lilly and company earnings: 4/23 06:25 am Check Earnings Report
US:NYSE Investor Relations: investor.lilly.com
Company Research Source: MSNBC.com
In this articleNovo NordiskEli Lilly'The drug, CagriSema, didn't achieve its primary endpoint of demonstrating non-inferiority on weight loss when compared to Eli Lilly's rival drug tirzepatide after 84 weeks, Novo said in a statement Monday morning.Tirzepatide is the active ingredient in Lilly's mega-blockbuster medicines Mounjaro and Zepbound, which have overtaken Novo Nordisk's semaglutide, sold as Ozempic and Wegovy, in U.S. prescriptions.Novo's Copenhagen-listed shares were last seen down 15% at 256 Danish kroner, hitting their lowest level since June 2021.Stock Chart IconStock chart iconNovo Nordisk ADR's are severely underperforming Eli Lilly shares.Patients taking a 2.4 mg dose of CagriSema achieved a weight loss of 23% after 84 weeks compared to 25.5% with a 15 mg dose of tirzepatide, Novo said.Novo is exploring additional trials to test CagriSema, including higher-dose combinations, it said. The company has high hopes for the drug, which combines semaglutide and cagrilintide Show less Read more
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