Can Novo’s blockbuster push on obesity drug semaglutide succeed where others failed?
Analysts have some high expectations for Novo Nordisk’s weight drug semaglutide, but they’re no higher than the ones held by Novo’s executive team.
Pegged as a potential $2.2 billion drug in 5 years in one recent assessment, Novo execs during Wednesday’s Q2 call reviewed the Phase II obesity data they had nailed down in June, outlining plans for a looming Phase III that they believe can show their GLP-1 drug can knock off up to around 15% of an obese person’s weight relative to placebo.
Unlock this article instantly by becoming a free subscriber.
You’ll get access to free articles each month, plus you can customize what newsletters get delivered to your inbox each week, including breaking news.