Novo Nordisk shares slide after Ozempic pill fails in Alzheimer’s trials
NegativeWorld Affairs

- Novo Nordisk shares fell significantly after the company announced that the pill version of its weight-loss drug Ozempic did not slow the progression of Alzheimer’s disease in two major studies. This outcome dashed hopes for a new application of the drug, which has been a blockbuster in diabetes treatment.
- The failure of Ozempic in Alzheimer’s trials raises concerns about the future of Novo Nordisk's expansion into new therapeutic areas. This setback may impact investor confidence and the company's stock performance, as it seeks to diversify its portfolio beyond diabetes and weight management.
— via World Pulse Now AI Editorial System
