The company said that it is discontinuing the trials.
Novo Nordisk on Monday said that its late-stage trials evaluating Semaglutide in Alzheimer’s disease did not confirm its superiority over placebo in slowing disease progression.
Shares of the company fell over 9% in the pre-market session at the time of writing.
Semaglutide is the active ingredient in Novo’s blockbuster weight-loss drug Wegovy. The company said that it decided to test the drug in Alzheimer’s based on real-world evidence studies, pre-clinical models, as well as post-hoc analyses from diabetes and obesity trials.
The company conducted two late-stage studies, and while an improvement of Alzheimer’s disease-related biomarkers was observed in both trials with Semaglutide, it did not delay the progression of the disease, the company said.
The company said that it is discontinuing the trials.
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