Novo Nordisk share in historic slump – Weight loss trial disappoints

Novo Nordisk shares took a big hit after the Danish pharmaceutical company published new results from trials with the weight loss drug Cagrisema.

Novo Nordisk shares took a big hit Friday (photo: Novo Nordisk)

The Copenhagen Post

Dec 20, 2024

The trial participants achieved an average of 22.7 percent weight loss over a period of 68 weeks, Novo writes in a company announcement.This is less than what investors hoped and expected. The share fell by 27 percent for a period, but the loss is down to 15 percent past noon.The stock market had expected a […]

Full version of this article is only available to subscribers.

Already a subscriber, sign in here:

Lost your password?

Gain unlimited access to all of The Copenhagen Post

Our independent reporting can only be published with support from our readers.

Monthly subscription

119

DKK/month.

(Billed once a month)

Give us a try

6 month subscription

99

DKK/month.

(Billed twice a year)

Save 120 DKK

Yearly subscription

79

DKK/month.

(Billed once a year)

Save 480 DKK

Save with a company subscription?

Novo Nordisk shares took a big hit Friday (photo: Novo Nordisk)

Novo Nordisk share in historic slump – Weight loss trial disappoints

Novo Nordisk shares took a big hit after the Danish pharmaceutical company published new results from trials with the weight loss drug Cagrisema.
Copenhagen ranked best city for workers, according to global study

Copenhagen ranks first globally for workers, excelling in work-life balance, job satisfaction, and short working hours despite lower wages.
Mysterious Chinese ship may soon leave Kattegat

Danish Foreign Minister Lars Løkke Rasmussen expects that the ship “Yi Peng 3” will soon leave Danish waters and sail towards its destination
One year of Connect Club

Launched last March, The Copenhagen Post’s Connect Club brought together numerous people at each event, helping internationals discover the country, make new connections, and enjoy the place they call home
One in five in Denmark struggles with unexpected expenses

One in every five in Denmark can’t afford unexpected expenses, while one in every ten has experienced at least one of the indicators of economic vulnerability
Danish Intelligence Service: Threat from Russia has intensified

In the internal Danish waters, Russia will be able to attack underwater infrastructure from all types of vessels. The target could be cables with data, electricity and gas, assesses the Danish Defense Intelligence Service

Connect Club is your gateway to a vibrant programme of events and an international community in Denmark.

Career

Copenhagen ranked best city for workers, according to global study

Copenhagen ranks first globally for workers, excelling in work-life balance, job satisfaction, and short working hours despite lower wages.
Internationals are more highly educated than Danes

Internationals living in Denmark have a significantly higher percentage of university degrees than Danes, while the latter excel in vocational training. Among those currently in education, internationals and their descendants show a strong dedication to studying.
Employment levels for internationals are much lower than those of Danes

The Copenhagen Post explored Immigrants in Denmark 2024, the annual report published by Statistics Denmark, which clearly states that having a job in Denmark is much rarer for non-Danish foreigners.

Want to advertise your job with CPH Post?

Jobs