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Novo says its next-gen obesity drug tops Lilly rival in late-stage study

Source: reuters.com

Healthcare & BiotechCompany FundamentalsAntitrust & Competition
Novo says its next-gen obesity drug tops Lilly rival in late-stage study

Novo Nordisk said its next-generation experimental obesity drug delivered estimated average weight loss of 12.4% in a late-stage trial. The company said the treatment outperformed Eli Lilly's competing drug, strengthening Novo's competitive position in the high-growth weight-loss medicines market.

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Market Sentiment

Overall Sentiment

moderately positive

Sentiment Score

0.62

Ticker Sentiment

LLY-0.45
NVO0.78

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