Novo Nordisk(NVO)
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Novo Nordisk's diabetes drug Ozempic may reduce the risk of Alzheimer's disease, study says
CNBC· 2024-10-24 11:00
Novo Nordisk's blockbuster diabetes drug Ozempic may reduce the risk of developing Alzheimer's disease, suggesting its potential to delay or prevent the memory-robbing condition, according to a study released Thursday. Semaglutide, the active ingredient in Ozempic, was associated with a 40% to 70% lower risk of a first-time Alzheimer's diagnosis in patients with Type 2 diabetes compared with seven other diabetes medications. That includes insulin and older so-called GLP-1 drugs similar to Ozempic, the resea ...
Novo Nordisk's Death Cross: Is A Turnaround Coming For The Ozempic, Wegovy Maker?
Benzinga· 2024-10-23 16:41
Novo Nordisk A/S NVO just hit a technical red flag — a Death Cross. Chart created using Benzinga ProFor those uninitiated, this bearish signal occurs when a stock's 50-day moving average drops below its 200-day moving average, hinting that more downside could be ahead. However, Novo Nordisk's future might not be as grim as this technical omen suggests. Let's dig into the numbers and explore whether there's a silver lining for investors in this pharma heavyweight.Bearish Signals Dominate, But Buying Pressure ...
Novo Nordisk asks FDA to ban compounding pharmacies from making Ozempic, Wegovy copies
CNBC· 2024-10-23 13:44
Boxes of Ozempic and Wegovy made by Novo Nordisk are seen at a pharmacy.Novo Nordisk on Tuesday asked the Food and Drug Administration to prevent compounding pharmacies from making unapproved and often cheaper versions of its popular weight loss injection Wegovy and diabetes treatment Ozempic, arguing that the medications are too complex for those manufacturers to make safely. The FDA still has to make a final decision on whether to bar compounded versions of semaglutide, the active ingredient in Ozempic an ...
NVO's Rybelsus Meets Primary Goal in MACE Study for Diabetes Patients
ZACKS· 2024-10-22 16:35
Novo Nordisk (NVO) announced positive top-line data from a late-stage cardiovascular outcomes study that evaluated its oral semaglutide compared with placebo as an adjunct to standard of care for the prevention of major adverse cardiovascular events (MACE).The enrolled patient population comprised those with type 2 diabetes (T2D) and established cardiovascular disease and/or chronic kidney disease (CKD). Novo Nordisk further stated that 49% of the enrolled patients received SGLT2i, the standard-of-care ther ...
NVO Stock Falls 5% in a Month: Should Investors Buy Now or Wait?
ZACKS· 2024-10-21 17:00
Novo Nordisk (NVO) shares have lost 4.5% in the past month compared with the industry's decline of 1.5%. The company has also underperformed in the sector and the S&P 500 in the past month, as seen in the chart below. The stock is currently trading below both its 50 and 200-day moving averages. NVO Stock Underperforms the Industry, Sector & the S&P 500 Image Source: Zacks Investment Research Novo Nordisk's stock price primarily dipped after U.S. Senator Bernie Sanders criticized the company for charging hig ...
NVO's Alhemo Gets Positive CHMP Opinion in EU for Haemophilia A or B
ZACKS· 2024-10-21 16:55
Novo Nordisk (NVO) announced that the Committee for Medicinal Products for Human Use (CHMP) of the European Medicines Agency has issued a positive opinion, recommending the approval of Alhemo (concizumab) as the first once-daily subcutaneous prophylactic treatment for patients aged 12 years or older living with haemophilia A or B with inhibitors. Novo Nordisk's Alhemo is a monoclonal antibody that blocks the TFPI, a protein that prevents blood clotting. By inhibiting TFPI, Alhemo promotes thrombin productio ...
Novo Nordisk: Time To Stay Calm Amid The Recent Plunge (Rating Upgrade)
Seeking Alpha· 2024-10-21 15:30
JR Research is an opportunistic investor. He was recognized by TipRanks as a Top Analyst. He was also recognized by Seeking Alpha as a "Top Analyst To Follow" for Technology, Software, and Internet, as well as for Growth and GARP. He identifies attractive risk/reward opportunities supported by robust price action to potentially generate alpha well above the S&P 500. He has also demonstrated outperformance with his picks. He focuses on identifying growth investing opportunities that present the most attracti ...
Novo Nordisk A/S: Oral semaglutide demonstrates a 14% reduction in risk of major adverse cardiovascular events in adults with type 2 diabetes in the SOUL trial
GlobeNewswire News Room· 2024-10-21 09:26
Bagsværd, Denmark, 21 October 2024 — Novo Nordisk today announced the headline results from the SOUL cardiovascular outcomes trial. The double-blinded, randomised trial compared oral semaglutide to placebo as an adjunct to standard of care for the prevention of major adverse cardiovascular events (MACE). The trial enrolled 9,650 people with type 2 diabetes and established cardiovascular disease (CVD) and/or chronic kidney disease (CKD). As part of standard of care, 49% of patients received SGLT2i at some po ...
Novo Nordisk A/S: Alhemo® recommended for European approval as first once-daily subcutaneous prophylactic treatment for people living with haemophilia A or B with inhibitors
GlobeNewswire News Room· 2024-10-18 09:32
Bagsværd, Denmark, 18 October 2024 – Novo Nordisk today announced that the European Medicines Agency’s (EMA) Committee for Medicinal Products for Human Use (CHMP) has adopted a positive opinion, recommending approval of Alhemo® (concizumab) as the first once-daily subcutaneous prophylactic treatment for people aged 12 years or older living with haemophilia A or B with inhibitors. Haemophilia is a rare bleeding disorder that impairs the body’s ability to make blood clots, a process needed to stop bleeding. H ...
Novo Resources Reports 2024 Sustainability Report
GlobeNewswire News Room· 2024-10-16 14:44
VANCOUVER, British Columbia, Oct. 16, 2024 (GLOBE NEWSWIRE) -- Novo Resources Corp. (Novo or the Company) (ASX: NVO) (TSX: NVO) (OTCQX: NSRPF) is pleased to advise the release of its 2024 Sustainability Report, which outlines progress over the past year. The report is available on the Company's website - Novo Sustainability Novo's 2024 Sustainability Report demonstrates that Novo remains committed to sustainability as we execute our exploration strategy and the Company's stakeholders, including local commun ...