Novo Nordisk Stock Crashes on Obesity Drug Data. It’s a Win for Eli Lilly.

Novo Nordisk Stock Crashes on Obesity Drug Data. It’s a Win for Eli Lilly.·Barrons.com

For more than a year, Novo Nordisk has told the world it expects patients to lose “at least 25%” of their body weight on its experimental drug CagriSema. On Friday, Novo released the results of a large Phase 3 trial of the drug. Patients lost only 22.7% of their body weight, on average, after about a year and a half.

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