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2023-11-13 09:28:17
Shares of Novo Nordisk rose 3.3% on Monday as the market reacted to data presented by the drugmaker over the weekend that showed the heart-protecting benefits of its popular obesity drug , Wegovy, are not only due to weight loss.
Data presented Saturday at a major U.S. medical meeting boosted investors’ and analysts’ confidence in Wegovy’s cardiac benefits, following Novo released preliminary data from a large study in August, which sent shares up 17% on the day, hitting record highs.
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