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Novo Nordisk Shares Plunge as Obesity Drug CagriSema Trails Eli Lilly in Clinical Trial

Shares of Novo Nordisk fell sharply on Monday after clinical trial results showed its experimental obesity drug, CagriSema, failed to outperform a rival product from Eli Lilly. The setback has triggered a broader sell-off in European healthcare stocks as investors reassess the competitive landscape of the lucrative weight-loss market.

Ananya DesaiAnanya Desai
February 23, 2026790 views
Novo Nordisk Shares Plunge as Obesity Drug CagriSema Trails Eli Lilly in Clinical Trial
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