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HEALTHCARE: Novo Nordisk (NOVOB: A1 pos/AA-): Phase 3 Trial Stopped

HEALTHCARE
  • Novo Nordisk have halted Phase 3 trials for hypertension drug ocedurenone.  
  • They will take a DKK 5.7b (EUR 765m) charge.  Not big.
  • ocedurenone was acquired for $1.3bn in 2023 from KBP Bioscience.

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