financetom
Business
financetom
/
Business
/
FDA approves Novo Nordisk's Wegovy for use in reducing heart attack risks
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
FDA approves Novo Nordisk's Wegovy for use in reducing heart attack risks
Mar 8, 2024 11:47 AM

(Reuters) - The U.S. FDA has approved Novo Nordisk's Wegovy for use in lowering the risk of stroke and heart attack in overweight or obese adults who are not diabetic, the Danish drugmaker said on Friday.

Novo's widely used diabetes drug Ozempic and weight-loss drug Wegovy, both chemically known as semaglutide, belong to a class of drugs called GLP-1 agonists. Originally developed for type 2 diabetes, they also reduce food cravings and cause the stomach to empty more slowly.

Millions of people already take the drugs, but the FDA's stamp of approval for the cardiovascular benefits is likely to open their use to more patients.

The Danish drugmaker published the full data in November from a large clinical trial that showed the obesity drug reduced the risk of non-fatal heart attack by 28%, non-fatal stroke by 7% and heart-related death by 15%, compared with a placebo, in patients with pre-existing heart conditions.

In the 17,604-patient trial with a mean duration of 33 months, the difference in heart protective benefits began to appear almost immediately after starting treatment in those who received Wegovy compared with the placebo group, researchers said, suggesting the positive impact was due to more than weight loss.

Novo had at the time said it had filed for an expansion of Wegovy's approved use in the U.S. and Europe to include heart-disease treatment.

The FDA's approval of the new cardiovascular indications could give employers and insurers more reason to cover the drug despite its high cost.

Health regulators can expand approved uses of medicines if new data shows them to be effective in other therapeutic areas after initial approval.

The European Union's drug regulator in late January said it was reviewing whether Wegovy could also be used to reduce the risk of strokes and heart attacks.

U.S.-listed shares of Novo Nordisk were down 2% in afternoon trading.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Update: Athabasca Oil Up 5% as It Fourth-Quarter Profit Beats Estimates
Update: Athabasca Oil Up 5% as It Fourth-Quarter Profit Beats Estimates
Mar 6, 2025
12:03 PM EST, 03/06/2025 (MT Newswires) -- (Updates shares.) Athabasca Oil ( ATHOF ) late on Wednesday reported that its fourth-quarter profit soared, exceeding analyst estimates. The company said it profit rose to $264.3 million, or $0.50 per share, from $27.5 million, or $0.03, in the year-prior quarter . The results exceeded the $0.15 earnings per share consensus estimate compiled...
BRIEF-India's Knowledge Realty Trust Files Draft Offer Document For IPO- Prospectus
BRIEF-India's Knowledge Realty Trust Files Draft Offer Document For IPO- Prospectus
Mar 6, 2025
March 6 (Reuters) - * INDIA'S KNOWLEDGE REALTY TRUST FILES DRAFT OFFER DOCUMENT FOR IPO- PROSPECTUS * INDIA'S KNOWLEDGE REALTY TRUST FILES FOR IPO AGGREGATING UP TO 62 BILLION RUPEES- PROSPECTUS Source https://tinyurl.com/4dtayueb ...
Brazilian fintech Meliuz adopts bitcoin reserve strategy; shares soar
Brazilian fintech Meliuz adopts bitcoin reserve strategy; shares soar
Mar 6, 2025
SAO PAULO, March 6 (Reuters) - Brazilian fintech Meliuz has launched a new strategy allowing it to allocate part of its cash reserves in bitcoin and could eventually make the cryptocurrency the main asset of its treasury, it said on Thursday. The company's Sao Paulo-traded shares jumped more than 25%. Meliuz said it was aiming to capture long-term returns through...
Aclarion to Expand Nociscan Access in New York, New Jersey
Aclarion to Expand Nociscan Access in New York, New Jersey
Mar 6, 2025
11:59 AM EST, 03/06/2025 (MT Newswires) -- Aclarion ( ACON ) said Thursday it plans to expand access to its chronic low back pain solution, Nociscan, across key markets in New York and New Jersey. The expansion plans build on established Nociscan sites with RadNet affiliates in the two states, Aclarion ( ACON ) said. Price: 1.46, Change: -5.55, Percent...
Copyright 2023-2026 - www.financetom.com All Rights Reserved