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-0.00279389641091759 -0.00881151944981725 -0.00623253814743175 0.000425531914893694 -0.00472813238770683 -0.00236406619385342 0.00290135396518371 0.00225660863958745
Stock impact report

Novo Nordisk shares rebound as FDA targets illegal drug copies [Yahoo! Finance Canada]

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
COPENHAGEN, Feb 6 (Reuters) - Shares in Danish drugmaker Novo Nordisk gained 5.4% on Friday, recovering some of the previous two sessions' steep losses, after ?the U.S. Food and Drug Administration (FDA) pledged to address mass-marketing of unapproved drugs. The stock ?plunged nearly 8% on Thursday after telehealth company Hims and Hers Health launched a significantly cheaper $49 compounded version of ?Novo Nordisk's FDA-approved Wegovy weight-loss pill. Novo's shares, which are near their lowest since Wegovy was introduced in June 2021, were 5.4% higher at 1341 GMT. Late on Thursday, FDA Commissioner Marty Makary said on X that the agency would "take swift action" against companies mass-marketing illegal copycat drugs. "The FDA cannot ?verify the quality, safety or ?effectiveness of non-approved drugs," he said without naming any companies. Despite the FDA statement, Bernstein analyst Christian Moore said he wasn't holding his breath for ?U.S. authorities to take decisive ac Show less Read more
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