Novo Nordisk shares plunge 10% after Alzheimer's drug trial fails to hit key target

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The Novo Nordisk A/S office successful Bagsvaerd, Denmark, connected Wednesday, Nov. 5, 2025.

Nichlas Pollier | Bloomberg | Getty Images

Shares of Novo Nordisk connected Monday fell arsenic overmuch 11% aft the Danish cause pharmaceutical institution said a highly-anticipated proceedings for Alzheimer's illness failed to conscionable its main goal.

The proceedings tested whether semaglutide -- the progressive constituent successful Novo's blockbuster diabetes and value nonaccomplishment drugs Ozempic and Wegovy -- helped dilatory progression for Alzheimer's disease.

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