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business Feb 23, 2026, 6:31 AM
Novo Nordisk stock crashes after disappointing obesity trial results
  • Novo Nordisk stock dropped to a 52-week low after disappointing trial results.
  • The REDEFINE 4 phase 3 trial failed to demonstrate non-inferiority of CagriSema in weight loss compared to tirzepatide.
  • Management remains optimistic about future trials and the drug's potential despite the setback.
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