Stock Track | Novo Nordisk Soars Over 5% Pre-Market on Promising Obesity Drug Trial Results

Stock Track
01-24

Shares of Danish drugmaker Novo Nordisk A/S (NVO) surged over 5% in pre-market trading on Friday following the company's announcement of positive topline results from a Phase 1b/2a clinical trial evaluating its investigational obesity drug amycretin.

The early-stage trial evaluated the safety, tolerability, and weight loss efficacy of once-weekly subcutaneous injections of amycretin, a novel unimolecular GLP-1 and amylin receptor agonist, in 125 individuals with overweight or obesity.

The results showed that amycretin exhibited a favorable safety profile consistent with other incretin-based therapies. More importantly, amycretin led to significant and dose-dependent weight loss, with patients in the highest 20mg dose group achieving an estimated 22% reduction in body weight over 36 weeks of treatment. In comparison, the placebo group experienced only a 2% weight gain over the same period.

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