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Novo Nordisk halted a planned extension of its Alzheimer’s semaglutide study after the Evoke and Evoke-plus pills failed to reduce cognitive decline by 20% compared to a placebo. Mike Doustdar implemented a 10% workforce reduction and management reshuffles following the disappointing results, which led to a drop of more than 12% in Novo Nordisk’s shares on the Copenhagen exchange. Maria Carrillo stated that while semaglutide missed expectations in Alzheimer’s treatment, ongoing research into different mechanisms of this drug class will continue.

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#Copenhagen

#MikeDoustdar

#NovoNordisk

#MariaCarrillo

#Evoke

#EvokePlus

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MikeDoustdar

Novo Nordisk halted a planned extension of its Alzheimer’s semaglutide study after the Evoke and Evoke-plus pills failed to reduce cognitive decline by 20% compared to a placebo. Mike Doustdar implemented a 10%...

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