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Weight Loss Sales Soar After a Surprise Benefit Shows Up

  • August 09, 2023

It didn’t take long for word on the streets to turn the Novo Nordis A/S obesity drug into a bull market vector, after clinical trial results showed that researchers found a surprising added bonus with the drug called Wegovy: a 20% reduction in heart issues compared to those getting a placebo. The stocks soared as much as 15% almost immediately. According to Fortune, “The results cheered Wall Street bulls who called it a best-case scenario. Analysts saw the benefit extending the...
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