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Novo Nordisk's oral GLP-1 drug failed Phase 3 trials for Alzheimer's, dropping its stock 10%–12%.
Novo Nordisk's oral GLP-1 drug, developed as a potential Alzheimer's treatment, failed to meet its primary endpoint in Phase 3 trials, leading to a sharp 10% to 12% drop in the company's stock.
The setback marks a significant disappointment for the weight-loss giant, which had hoped the drug could expand its portfolio beyond diabetes and obesity treatments.
The results mark the worst year for Novo Nordisk's shares, underscoring the challenges of repurposing its blockbuster drugs for neurodegenerative diseases.
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El medicamento oral GLP-1 de Novo Nordisk falló en los ensayos de Fase 3 para la enfermedad de Alzheimer, disminuyendo su stock en un 10%-12%.