Novo Nordisk/Eli Lilly's Weight Loss Drugs Does Not Cause Suicidal Behaviors - After FDA, European Medicines Agency Says
Portfolio Pulse from Vandana Singh
The European Medicines Agency's PRAC found no substantial evidence linking GLP-1 receptor agonists, used for type 2 diabetes and weight management, to suicidal behaviors. This follows similar findings by the FDA. Medications reviewed include those from Novo Nordisk, AstraZeneca, Sanofi, and Eli Lilly. The PRAC requested additional data from these companies and concluded no changes to product information are necessary, with companies to continue monitoring and reporting.
April 12, 2024 | 2:40 pm
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AstraZeneca's GLP-1 receptor agonists, Byetta and Bydureon, also reviewed and found not linked to suicidal behaviors by EMA's PRAC. No product information changes required.
The clearance of AstraZeneca's diabetes and weight management drugs from suicidal behavior links by regulatory bodies is likely to support the company's stock by maintaining the drugs' marketability and trust among prescribers and users.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Eli Lilly's GLP-1 receptor agonist, Trulicity, reviewed and found not linked to suicidal behaviors by EMA's PRAC. No product information revisions required.
The confirmation of Trulicity's safety profile regarding mental health risks by the EMA and FDA is likely to have a positive effect on Eli Lilly's stock, as it alleviates concerns and supports the drug's continued use and sales.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Novo Nordisk's GLP-1 receptor agonists, including Ozempic and Wegovy, found not linked to suicidal behaviors by EMA's PRAC, aligning with FDA findings. No changes to product information required.
The positive regulatory outcome removes a potential risk to Novo Nordisk's reputation and sales, likely boosting investor confidence and potentially the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Sanofi's GLP-1 receptor agonists, Lyxumia and Suliqua, found not linked to suicidal behaviors by EMA's PRAC. No changes to product information needed.
The regulatory findings affirming the safety of Sanofi's GLP-1 receptor agonists in terms of mental health risks are likely to positively impact the company's stock by ensuring continued confidence in these products.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80