Veru Shares Pop on Novo Wegovy Tie-Up, Uncertainty Lingers Over Key Clause
Veru shares soared 88% to $4.23 after a Novo Nordisk deal to supply Wegovy free for Veru’s Phase 2b obesity study, with analysts calling it “external validation” and maintaining $24–$25 price targets, but risks remain as Veru keeps full rights to enobosarm and Novo can end the agreement with 60 days’ notice.