Health Economy Country 2025-11-24T16:21:15+00:00

Novo Nordisk Shares Plummet After Alzheimer's Drug Trial Failure

Novo Nordisk shares dropped 11% following the failure of a major clinical trial for an Alzheimer's drug, causing significant concern in the financial markets.


Novo Nordisk Shares Plummet After Alzheimer's Drug Trial Failure

Shares of Danish pharmaceutical company Novo Nordisk fell approximately 11% on Monday after the company announced the failure of a key endpoint in a clinical trial for a much-anticipated Alzheimer's disease treatment.

This news dealt a significant blow to the company and raised concerns among investors about the future of its promising research in neurodegenerative diseases. The company's stock continues to face pressure following the announcement of the trial's failure.