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Novo Nordisk plunges 8.2% premarket as Ciltibekimap phase 3 fails

Schaeffer's Research +7 ·

NVO Novo Nordisk ADR
$51.61 +0.06%
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  1. 1Novo Nordisk (NVO) dives premarket after its Ciltibekimap phase 3 trial failed to show a significant reduction in major cardiovascular events versus placebo
  2. 2The experimental therapy demonstrated biological activity but missed its primary endpoint, sending shares down 8.2% in premarket trading
  3. 3The five-day winning streak is expected to end, with losses likely turning shares negative year-to-date and year-over-year if the decline holds

This 3-line summary is compiled from the report below.

Schaeffer's Research +7 View original ↗
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