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2024-09-20 20:11:34
in reply to

finance.yahoo.com on Nostr: Bullet points of Novo Nordisk's Monlunabant Data Drags Stocks Of Smaller Players - ...

Bullet points of Novo Nordisk's Monlunabant Data Drags Stocks Of Smaller Players
- Novo Nordisk's monlunabant achieved a weight loss of 7.1 kg compared to 0.7 kg with a placebo after 16 weeks of treatment.
- The company's shares are down 41% at $3.24, and Corbus Pharmaceuticals' shares are down 59.4% at $21.00.
- Analysts are maintaining their ratings for Corbus Pharmaceuticals, with Wedbush and B. Riley Securities lowering their price targets.
- Skye Bioscience is conducting a Phase 2 trial in obesity for its drug nimacimab, which is expected to provide interim and topline data in 2025.
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