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Pharma stock soars 150% on injectables deal with Wegovy maker Novo

Source: CNBC

Healthcare & BiotechCompany Fundamentals

Swedish microcap drug-delivery company Nanexa's shares more than doubled after it disclosed a licensing agreement with European pharmaceutical major Novo Nordisk. The deal materially validates Nanexa's delivery technology and is likely to improve investor expectations for its commercial prospects.

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Market Sentiment

Overall Sentiment

strongly positive

Sentiment Score

0.82

Ticker Sentiment

NANEXA0.90
NVO0.25

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