On Wednesday, Novo Nordisk A/S (NYSE:NVO) reported third-quarter 2024 sales of 71.311 billion Danish kroner (around $10.3 billion), missing the consensus of 71.89 billion Danish kroner. The global sales increased 21% year over year (up 23% at constant currency), driven by increased sales across the portfolio. GLP-1 diabetes sales increased by 15% at CER to […]
Popular Weight Loss Drug Wegovy Shows Encouraging Results in Liver Fibrosis Trial
Vandana Singh | November 1, 2024
On Friday, Novo Nordisk A/S (NYSE:NVO) released headline results from part 1 of the ongoing ESSENCE Phase 3 trial, a 240-week trial in 1,200 adults with metabolic dysfunction-associated steatohepatitis (MASH) and moderate to advanced liver fibrosis (stage 2 or 3). Once-weekly, subcutaneous semaglutide 2.4 mg is marketed under the brand name Wegovy. Part 1 of […]
Novo Nordisk Releases Data Showing Ozempic For Diabetes Slows Kidney Disease Progression
Vandana Singh | May 24, 2024
Novo Nordisk A/S’s (NYSE:NVO) shared data Friday on its kidney outcomes trial, FLOW. The trial evaluated once-weekly injectable Ozempic for the treatment of type 2 diabetes. The FLOW (Evaluate Renal Function with Semaglutide Once Weekly) study included 3,533 patients with a median follow-up period of 3.4 years. In March, the company released headline data demonstrating a 24% reduction […]
Double Good News For AstraZeneca’s Breast Cancer Drugs
Vandana Singh | April 29, 2024
AstraZeneca plc (NASDAQ:AZN) reported topline data from a metastatic breast cancer treatment study. The results showed that Enhertu (trastuzumab deruxtecan) demonstrated a statistically significant and clinically meaningful improvement in progression-free survival (PFS) compared to standard-of-care chemotherapy in the primary trial population of patients with HR-positive, HER2-low (IHC 1+ or 2+/ISH-) metastatic breast cancer following one or more lines of endocrine […]
Palatin Technologies Eyes Growing $6B Dry Eye Disease Market
Vandana Singh | April 8, 2024
On Monday, Palatin Technologies Inc. (NYSE:PTN) announced the presentation of topline results for its Phase 3 PL9643 MELODY-1 trial, which evaluated the safety and efficacy of PL9643 versus vehicle in the treatment of dry eye disease (DED) at the American Society of Cataract and Refractive Surgery. The company released the mixed topline data in February 2024. The presentation included […]