Novo Nordisk's Wegovy Demonstrates Greater Weight Loss In Women With Heart Condition
Portfolio Pulse from Benzinga Neuro
Novo Nordisk's obesity medication, Wegovy, has shown greater weight loss in women with heart disease compared to men. The study data was presented at the American Diabetes Association’s scientific meeting. The Centers for Medicare and Medicaid Services (CMS) is reviewing the inclusion of Wegovy in its coverage for heart disease patients with obesity. Goldman Sachs analysts have re-rated Novo Nordisk, expecting significant growth in the weight-loss drug market.

June 24, 2024 | 7:17 am
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Novo Nordisk's Wegovy has demonstrated greater weight loss in women with heart disease compared to men. CMS is reviewing its inclusion in coverage for heart disease patients with obesity. Goldman Sachs analysts have re-rated Novo Nordisk, expecting significant growth in the weight-loss drug market.
The positive study results and potential CMS coverage inclusion are likely to boost investor confidence in Novo Nordisk. Additionally, the re-rating by Goldman Sachs and the expected growth in the weight-loss drug market further support a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100