Novo Nordisk Reports Positive Results for Experimental Diabetes and Obesity Drug
ByAinvest
Wednesday, Mar 25, 2026 2:51 am ET1min read
NVO--
Novo Nordisk reports positive results for an experimental diabetes and obesity drug developed with Chinese company The United Bio-Technology (Hengqin) Co. The drug achieved a mean body weight reduction of up to 9.8% in a 24-week trial. Novo Nordisk agreed to pay up to $1.1 billion for the rights to the treatment in 2019.
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