Ozempic Works on Kidney Disease, Regulator Says. Why Novo Nordisk Stock Is Falling.
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Novo Nordisk's Ozempic has been shown to reduce the progression of kidney disease in adults with Type 2 diabetes, making it the first GLP-1 drug to do so. Despite this positive news, Novo Nordisk's stock is falling.
December 13, 2024 | 1:45 pm
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Novo Nordisk's Ozempic is the first GLP-1 drug to reduce kidney disease progression in Type 2 diabetes patients. Despite this breakthrough, Novo Nordisk's stock is falling.
Despite the positive news about Ozempic's effectiveness in reducing kidney disease progression, Novo Nordisk's stock is falling. This could be due to market expectations already pricing in the news or other external factors affecting the stock price.
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