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Stock impact report

Novo Nordisk stock soars after FDA approves first oral GLP-1 for weight loss [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
Food and Drug Administration approved the company's Wegovy pill as the first oral GLP-1 receptor agonist for weight management. The once-daily oral semaglutide 25 mg pill demonstrated a mean weight loss of 16.6% in the OASIS 4 trial when treatment was adhered to in adults with obesity or overweight with comorbidities. This weight loss is comparable to that achieved with injectable Wegovy 2.4 mg. One in three participants experienced 20% or greater weight loss during the trial. The FDA approval includes indications to reduce excess body weight, maintain weight reduction long-term, and reduce the risk of major adverse cardiovascular events. The pill's safety and tolerability profile was consistent with previous semaglutide trials for weight management. "The pill is here. With today's approval of the Wegovy pill, patients will have a convenient, once-daily pill that can help them lose as much weight as the original Wegovy injection," said Mike Doustdar, president and CEO of Novo No Show less Read more
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