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The Guardian - UK
The Guardian - UK
Business
Julia Kollewe

Wegovy and Ozempic owner dealt blow as next-gen weight-loss drug is labelled ‘obsolete’

Novo Wegovy Novo Nordisk Weight Loss Lilly
Packages of Ozempic and Wegovy by Novo Nordisk
CagriSema is expected to lead to greater weight loss than Novo Nordisk’s popular Wegovy and Ozempic jabs. Photograph: Ida Marie Odgaard/EPA

The owner of Wegovy and Ozempic has suffered a significant setback, as its highly anticipated new weight-loss treatment was labelled “obsolete” after disappointing clinical trials.

Novo Nordisk’s shares fell sharply on Monday after the results from testing the Danish company’s CagriSema drug fell short of investors’ expectations.

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