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Novo Nordisk halts work on cell therapy for diabetes to cut costs, Bloomberg News reports

Investing.com•Friday, October 10, 2025 at 5:24:35 PM
NegativeFinancial Markets
Novo Nordisk halts work on cell therapy for diabetes to cut costs, Bloomberg News reports
Novo Nordisk has decided to halt its work on a promising cell therapy aimed at treating diabetes, a move that has raised concerns in the medical community. This decision, reported by Bloomberg News, is part of a broader cost-cutting strategy within the company. The implications of this halt are significant, as it may delay advancements in diabetes treatment and affect patients who are eagerly awaiting new options. The decision highlights the challenges pharmaceutical companies face in balancing innovation with financial sustainability.
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