Home Equities Score Novo Nordisk Inc. (NVO) stock soars during pre-market trading. Here’s the update

Novo Nordisk Inc. (NVO) stock soars during pre-market trading. Here’s the update

Novo Nordisk Inc. (NASDAQ: NVO) stock gained by 1.59% at last close while the NVO stock price rises by 0.16% in the pre-market trading session. Novo Nordisk is a renowned worldwide healthcare firm headquartered in Denmark and founded in 1923. NVO’s mission is to inspire change in the fight against diabetes and other significant chronic diseases including obesity, as well as uncommon blood and endocrine abnormalities.

Get the hottest stocks to trade every day before the market opens 100% ‎free. Click here now. 

Significant Development

The US Food and Drug Administration authorized Wegovy which is the leading brand for a once-weekly semaglutide 2.4 mg injectable in the US, for chronic weight control, according to Novo Nordisk. Adults with obesity (starting BMI 30 kg/m2) or overweight (starting BMI 27 kg/m2) with at least one weight-related illness should use Wegovy as an addition to diet and exercise for chronic weight control.

5 Stocks Under $10 That Are Poised to Take Off

Investing in stocks under $10 could significantly increase the returns on your portfolio, especially if you pick the right stocks! Within this report you will find 5 top stocks that offer investors huge upside potential and the best bang for their buck.

Add them to your watchlist before they take off!

Get the Top 5 Stocks Now!

Sponsored

Read More

Wegovy is the first but only given once-a-week glucagon-like peptide-1 (GLP-1) receptor agonist medication licensed for obese weight control. The decision was made based on the findings of the STEP phase 3a clinical study. Persons with obesity treated with Wegovy saw an average weight loss of 17-18 percent 1 over 68 weeks in studies in people without type 2 diabetes. Throughout the program, Wegovy revealed a safe and well-tolerated profile, with the most prevalent adverse reactions being gastrointestinal.

Martin Holst Lange, executive vice president, Development at Novo Nordisk stated:

Wegovy’s approval in the United States holds a lot of potential for obese individuals. Many persons with obesity suffer to lose weight and keep it off despite their best efforts because of physiological processes that encourage weight growth. Wegovy’s remarkable weight loss for an anti-obesity medicine ushers in a new era in the treatment of obesity, and NVO is excited to make it available to patients living with obesity in the United States.

However, the anticipated date given by Novo Nordisk for the launch of Wegovy in the USA is in late June 2021.

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Must Read

Tyme Technologies, Inc. (TYME) Stock Trends downwards Following Strong Q4 2021 Financials and Progress in OASIS Trial

Tyme Technologies, Inc. (TYME) stock prices was down by -6.92% shortly after market trading commenced on June 11th, 2021, bringing the price per share...

Prophase Labs Inc. (PRPH) stock surged during pre-market trading session. Let’s figure out why?

Prophase Labs Inc. (NASDAQ: PRPH) stock soared by 5.87% at last close as well as the PRPH stock price has been observed rising by...

Why Surgalign Holdings, Inc. (SRGA) stock is gloomy today?

Surgalign Holdings, Inc. (SRGA) stock announced the $50 million registered direct offering priced at the market under Nasdaq rules today on June 10, 2021,...

Exela Technologies Inc. (XELA) stock soars during pre-market. Here’s what you should know?

Exela Technologies Inc. (NASDAQ: XELA) stock gained by 8.28% at last close while the XELA stock price rises in the pre-market as well, by...

Atossa Therapeutics, Inc. (ATOS) stock gains during pre-market trading. Here’s to know why?

Atossa Therapeutics, Inc. (NASDAQ: ATOS) stock declined by 27.51% at the last close while the ATOS stock price rises further by 9.09% in the...

Magnachip Semiconductor Corporation (MX) stock is Popping High today: Why is it so?

Shares of the Magnachip Semiconductor Corporation (MX) stock were popping high after the announcement of its receival of unsolicited buyout bid from Cornucopia Investment...

Why is Autolus Therapeutics plc (AUTL) stock rising today?

Shares of  Autolus Therapeutics plc (AUTL) stock were rising today on June 11, 2021, following the release of the presentation data related to obe-cel...

Mustang Bio, Inc. (MBIO) stock is climbing today: Here is to know why.

Mustang Bio, Inc. (MBIO) stock announced the updated interim data from Phase 1/2 clinical trial of its MB-106 CD20-targeted, autologous CAR T today on...

Related News

Vertex Pharmaceuticals Inc. (VRTX) stock plunged during after-hour. Here’s what you should know

Vertex Pharmaceuticals Inc. (NASDAQ: VRTX) stock gained by 1.5% at last close while the VRTX stock price declines during after-hour by 12.95%. Vertex is...

Bit Digital Inc. (BTBT) stock plunges during the current market trading session. What is happening?

Bit Digital Inc. (NASDAQ: BTBT) stock declined by -1.43% in the current market trading as of this writing. Bit Digital, Inc. is a Bitcoin...

Celsion Corporation (CLSN) stock gains in Pre-Market: Let’s Find out why.

Shares of Celsion Corporation (CLSN) stock were gaining in the pre-market today on June 10, 2021, following the announcement of new appointments by Celsion...

Medley Management Inc. (MDLY) stock soars during pre-market trading, given no recent update

Medley Management Inc. (NASDAQ: MDLY) stock gained by 8.96% at last close while the MDLY stock price rises by 108.90% in the pre-market trading...

Sphere 3D Corp. (ANY) stock surged during after-hour session. Why so?

Sphere 3D Corp. (NASDAQ: ANY) stock gained by 10.5% at last close while the ANY stock price soars further during the after-hour session by...

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

We do not sell or share your information with anyone.

Get Notified Of Insider Trades, Analyst Upgrades & Downgrades, Earnings Updates & Best Stocks To Trade Every Single Morning

100% free. stop anytime no spam