Novo Nordisk (NVO) stock is down sharply after releasing topline results from its 2-year evoke and evoke+ phase 3 Alzheimer’s trials.
• Premarket: ~$42.68
• Down: ~10%
• Previous close: ~$47.63
The trials enrolled 3,808 adults with early-stage symptomatic Alzheimer’s and tested oral semaglutide versus placebo. While biomarkers improved, the treatment did not slow disease progression on the key CDR-SB cognitive scale.
Novo is discontinuing the planned 1-year extension for both studies.
Semaglutide remained safe and well tolerated, and Novo cites more than 37 million patient-years of exposure across diabetes and obesity settings.
Full article:
benzinga.com/news/25/11/49028150/novo-nordisks-blockbuster-weight-loss-drug-flops-in-alzheimers-trial
#nvo #stock #drop
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