Novo Nordisk Once-Weekly Insulin Hits Primary Goals In In Two Phase 3 Trials

Comments
Loading...
  • Novo Nordisk A/S NVO announced headline results from the ONWARDS 3 and ONWARDS 4 Phase 3a trials with once-weekly insulin icodec in adults with type 2 diabetes.
  • In ONWARDS 3 study, after 26 weeks of treatment, hemoglobin A1c, a measure of blood sugar, had fallen 1.57% from a baseline of 8.5% in the insulin icodec cohort, compared to a 1.36% reduction in the control group. 
  • Related: Novo Nordisk's Once-Weekly Insulin Icodec Shows Favorable Reduction In HbA1c In Type 2 Diabetes.
  • Novo saw no statistically significant difference in severe or clinically significant hypoglycemia, although the rate was numerically higher in the insulin icodec group. 
  • The firm said the drug appeared safe and well tolerated. 
  • In ONWARDS 4 study, after 26 weeks, hemoglobin A1c had fallen 1.16% from a baseline of 8.3% in the insulin icodec cohort, compared to a 1.18% reduction in the control group.
  • Novo now has data from five of the six phase 3 ONWARDS program trials. Top-line results from the remaining study, ONWARDS 5, are due by the end of the year.
  • Price Action: NVO shares are down 0.34% at $116.00 during the market session on the last check Friday.
Overview Rating:
Good
62.5%
Technicals Analysis
66
0100
Financials Analysis
60
0100
Overview
Market News and Data brought to you by Benzinga APIs

Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!