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The Latest Breaking News from Novo Nordisk

Eli Lilly Weight Loss Drug Beats Ozempic In Head-to-head Study

Patients taking Eli Lilly's new drug Mounjaro achieved significantly greater weight loss than those on Novo Nordisk's Ozempic, a head-to-head study published Monday showed.

International Business Times

Copper, Gold Stocks Sparkle On Rate-Cut Hopes, Among 5 Leaders Near Buy Points

Southern Copper and gold stock Agnico eagle surged above early buy points on hopeful signs for U.S. and China policy.

Investors Business Daily

Stock Market: S&P 500, Nasdaq Hit Highs As Tesla Soars, Rate-Cut Hopes Rise: Weekly Review

Tesla drove the S&P 500 and Nasdaq to highs, though small caps fell for the week. Cooling economic data raised rate-cut hopes.

Investors Business Daily

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Ozempic maker slams Biden after the president accused the drug company of ‘ripping off’ US consumers

Remarks came after the president and Senator Bernie Sanders blasted the pharmaceutical giant for its ‘unconscionably high prices’

The Independent UK

Novo, Lilly Tumble After Study Ties Blindness Disorder To Weight-Loss Drugs

Novo Nordisk stock skidded Wednesday after a new study suggests its diabetes and weight-loss drug can lead to a blindness-causing disease.

Investors Business Daily

Weight-loss jabs may be linked to condition that can cause blindness, study finds

People with diabetes on semaglutide, found in Wegovy and Ozempic, four times more likely to be diagnosed with disease of optic nerve

The Guardian - UK

Ozempic weight loss drug linked to higher risk of eye condition that causes blindness

US study says patients could have higher risk of developing NAION

Evening Standard

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Palantir Spearheads This Brigade Of Breakout Stocks

Palantir stock, Google stock, CrowdStrike and Netflix lead the latest IBD Breakout ETF list of breakout stocks to watch.

Investors Business Daily

Dow Jones Jumps 162 Points As Powell Says This On Rate Cuts; Tesla Value Soars $68 Billion As Deliveries Crush Views

The Dow Jones rose after Fed Chair Jerome Powell spoke out on inflation. Tesla surged on deliveries. President Biden hit out at some firms.

Investors Business Daily

Novo, Lilly Fall After Biden Slams Duo For 'Unconscionably High' Drug Prices

Novo Nordisk stock fell Tuesday after Joe Biden and Bernie Sanders slammed the drugmaker and Eli Lilly for high prices of weight-loss drugs.

Investors Business Daily

Biden Calls For Lower Prices Of Ozempic, Similar Drugs

US President Joe Biden on Tuesday called on pharmaceutical giants Novo Nordisk and Eli Lilly to lower prices for diabetes and weight loss drugs such as Ozempic, saying firms must stop "ripping off the American people."

International Business Times

Stock Market Today: Stocks mixed after Powell comments; Tesla leaps

Stocks are closely tracking Treasury bond yields following a solid start to the third quarter and ahead of a key labor-market reading later in the session.

The Street

Amazon, Meta Spearhead Fresh Batch Of Breakouts As Nvidia Shows Resilience

As Nvidia tests support, Amazon breaks out and Meta moves toward a new buy point, IBD Leaderboard highlights more breakouts.

Investors Business Daily

Stock Market Rally Powers To Fresh Highs; Carnival, Micron, Nike In Focus: Weekly Review

The S&P 500 and Nasdaq hit fresh all-time highs. Software, small caps and megacaps were stock market standouts.

Investors Business Daily

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Barchart

1 Huge New Reason This Diet Drug Stock is a Must-Own

The recent announcement that China approved Novo Nordisk's Wegovy is huge. Here's why: In a national survey conducted during 2015-2019 by China’s National Health Commission, more than half of the adult population was either overweight or obese. That's a massive market that just opened up for NVO.

Fortune

Novo Nordisk’s Wegovy may just have two years to take over China’s market for weight loss drugs

Novo Nordisk's China patent on Wegovy's active ingredient expires in 2026, much earlier than its patents in the U.S., Japan and Europe.

Investors Business Daily

Dow Jones Futures Fall; Tesla Rival Rivian Skyrockets, Nvidia Gets Price Target Hike

Futures were mixed Wednesday, but Tesla rival Rivian vaulted higher on a big investment. FedEx jumped after earnings. Nvidia extended Monday's bounce.

The Guardian - UK

‘Skinny jabs’: weight-loss drugs set for new boom as generic versions emerge

Alternatives to costly Wegovy and Saxenda will make such treatments more widely available worldwide

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Investors Business Daily

Dow Jones Falls, But Nvidia Rebounds, Novo Nordisk Clears Key Level; Tesla Cybertruck Recall

The major indexes were mixed Tuesday as Nvidia and AI stocks rebounded. Novo Nordisk flashed a buy signal as its weight-loss drug Wegovy won China approval. Tesla is recalling the Cybertruck.

The Guardian - UK

Ozempic maker Novo Nordisk invests $4bn to meet US ‘skinny jab’ demand

Pharma group plans plant in North Carolina to produce diabetes drug and weight-loss product Wegovy

The Guardian - US

Sanders targets ‘unacceptable’ price of weight-loss drugs Ozempic and Wegovy

Vermont senator will grill CEO of Danish pharma giant whose drugs cost Americans 10 times more than abroad

Kiplinger

The Future of Weight-Loss Drugs for Investors

Weight-loss drugs’ impact could reach far beyond their target user, potentially creating headwinds for shares of snack makers and packaged-food firms, as well as medical device makers that specialize in knee replacements, insulin pumps and sleep apnea machines.

The Independent UK

WHO and Eli Lilly caution patients against falling for fake versions of popular weight-loss drugs

The World Health Organization and drugmaker Eli Lilly and Co. are warning patients to be wary of fake versions of weight-loss and diabetes medicines

The Conversation

Lawsuit could challenge trust in Ozempic and other popular weight loss drugs

The manufacturers of the most popular weight loss drugs are being challenged in court.

The Independent UK

Blaze at Danish drugmaker Novo Nordisk is the third in a little over a month

A fire has broken out at an office building belonging to Danish pharmaceutical company Novo Nordisk, the third in a little over a month to hit the drugmaker

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