November 24, 2025
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6:37Now PlayingMadison Muller, Bloomberg News health reporter, says that the failure of a long-shot trial to see if the pill form of Novo Nordisk's weight loss drug Ozempic impacted Alzheimer's was the latest in a long string of disappointments for investors into the pharmaceutical company. Novo Nordisk is down over 50% on the year.
pill version of Novo Nordisk A/S’s Ozempic failed to slow the progression of Alzheimer’s disease in a pair of long-shot studies that aimed to open up a new use for blockbuster obesity drugs.
Patients who took the medicine didn’t see their disease progress more slowly based on a cognitive assessment, the Danish drugmaker said Monday. Novo will discontinue a planned one-year extension of the studies. The stock closed down 5.8% in Copenhagen at the lowest level in more than four years.
The failure removes one of the last remaining hopes for a near-term revival under new Chief Executive Officer Mike Doustdar, though Novo had described the Alzheimer’s trials as an outside chance. The company is struggling to regain its footing after losing the top spot in the obesity market to Eli Lilly & Co.
“It was a lottery ticket that could have had great value,” said Per Hansen, investment economist at Nordnet AB. “Investors hadn’t assigned it any real value. Still, the hope was there.”
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