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Novo Nordisk and Eli Lilly rival soars 35% after promising weight loss drug results - TL;DR CNBC

Novo Nordisk and Eli Lilly rival soars 35% after promising weight loss drug results

Publishing timestamp: 2024-02-26 11:45:26


Summary

Zealand Pharma's shares surged 35% after successful trial results for its liver disease treatment, which is also being tested as a weight loss drug. Analysts are optimistic about the company's potential in the obesity market, with other pharmaceutical companies also vying to enter the space.


Sentiment: POSITIVE

Tickers: ZEAL-DKLLY0NZU-GB?QSEARCHTERM=NOVO.B-DK

Keywords: breaking news: marketsmarketseli lilly and cozealand pharma a/spharmaceuticalsnovo nordisk a/shealth care industrybusiness news

Source: https://www.cnbc.com/2024/02/26/novo-nordisk-and-eli-lilly-rival-soars-26percent-after-promising-test-results.html


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