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-0.000535613454868011 -0.000725982092441633 -0.000645317415503737 -0.000645317415503737 0.00290392836976699 0.00250060498507705 0.000967976123255663 0.00556586270871995
Stock impact report

Novo Nordisk Jumps on Higher Wegovy Dose [Yahoo! Finance]

Novo Nordisk A/S (NVO) 
Last novo nordisk a/s earnings: 2/5 01:31 am Check Earnings Report
US:NYSE Investor Relations: novonordisk.com/investors.html
Company Research Source: Yahoo! Finance
dose of the company's Wegovy weight loss injection, opening the door to broader use and potentially higher revenue per patient. Britain's Medicines and Healthcare Products Regulatory Agency approved the use of up to 7.2 mg per week for obese patients, up from the previous 2.4 mg limit. The higher dose is administered as three 2.4 mg injections and is approved for patients with a BMI of at least 30, alongside diet and exercise. Investors welcomed the update, sending the stock sharply higher in premarket trading. Warning! GuruFocus has detected 1 Warning Sign with NVO. Is NVO fairly valued? Test your thesis with our free DCF calculator. The decision builds on momentum from Europe, where regulators recently issued a positive opinion on the higher dose, and Novo Nordisk is now waiting for a similar ruling from the U.S. Food and Drug Administration after submitting its application late last year. Clinical data has been encouraging, with patients in a 72-week trial losing an average Show less Read more
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