Novo Nordisk Shares Rise As Ozempic Study Shows 15% Weight Loss In Older Adults
A pooled analysis found semaglutide 2.4 mg led to 15.4% weight loss in adults 65 and older after 68 weeks, compared to 5.1% for placebo. Novo Nordisk B shares rose 3.75% to 301.20 crowns in Copenhagen. The analysis included 358 participants from multiple STEP trials. Novo is seeking to defend its obesity drug franchise as competition with Eli Lilly intensifies.