Danish diabetes and obesity giant Novo Nordisk (NOV: N) today announced headline results from STEP UP, a Phase IIIb trial in the global STEP program, in a further bid to cement its dominance of the weight-management sector.
However, investors were not too impressed, sending the firm’s shares down 3.8% to 578.00 kroner as markets came to a close.
STEP UP is a 72-week efficacy and safety trial investigating subcutaneous semaglutide 7.2mg compared to semaglutide 2.4mg and placebo, all administered once weekly. The trial included 1,407 randomized adults with obesity. All treatment arms were in conjunction with lifestyle intervention.
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