Semaglutide and Victoza data show Novo Nordisk progress in type 2 diabetes

16 September 2016

Novo Nordisk (NOV:N) has presented promising data both on a Phase III drug and an existing product at the Annual Meeting of the European Association for the Study of Diabetes (EASD) 2016.

The Danish company, a giant in the diabetes field, has seen its share price go up by almost 5% this week, as Novo Nordisk bosses and study investigators have revealed the latest findings on semaglutide and Victoza (liraglutide).

Semaglutide is an investigational glucagon-like peptide-1 (GLP-1) analogue administered once-weekly, which has completed six Phase IIIa clinical trials for the treatment of adults with type 2 diabetes.

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