50.70 +0.26 (0.52%)
After hours: 5:00PM EDT
|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||50.11 - 50.63|
|52-week range||41.03 - 58.37|
|PE ratio (TTM)||20.52|
|Forward dividend & yield||1.28 (2.63%)|
|1y target est||60.40|
A handful of the world’s biggest drugmakers are canceling or reducing planned price increases in the U.S., following a new California drug pricing transparency law and continued political pressure over pharmaceutical costs. The California law, which began to take effect earlier this year, requires drugmakers to give insurers, governments and drug purchasers advance notice of large price increases, as a way of publicly pressuring pharmaceutical companies to keep prices down. In the past three weeks, Novartis AG, Gilead Sciences Inc., Roche Holding AG and Novo Nordisk A/S sent notices to California health plans rescinding or reducing previously announced price hikes on at least 10 drugs.
In the first quarter, Novo Nordisk’s (NVO) Hemophilia segment generated net revenues of 2.5 billion Danish kroner compared to 2.58 billion Danish kroner in the first quarter of 2017, reflecting ~3.0% YoY (year-over-year) growth.
Novo Nordisk’s (NVO) Victoza generated revenues of 5.99 billion Danish kroner in the first quarter, compared to 5.75 billion Danish kroner in the first quarter of 2017, reflecting ~4.0% YoY (year-over-year) growth.
In the first quarter, Novo Nordisk’s (NVO) premix insulin generated net revenues of 2.64 billion Danish kroner compared to 2.86 billion Danish kroner in the first quarter of 2017, which reflected an ~8.0% YoY (year-over-year) decline.
Novo Nordisk’s (NVO) Tresiba reported revenues of 1.76 billion Danish kroner in the first quarter compared to 1.49 billion Danish kroner in the first quarter of 2017, which reflected ~18.0% YoY (year-over-year) growth.
In June, Novo Nordisk (NVO) presented the results of its Phase 3a PIONEER 1 trial. This trial demonstrated that oral semaglutide significantly decreased the blood sugar levels in individuals with type 2 diabetes compared to placebo therapy.
Novo Nordisk (NVO) reported revenues of 26.9 billion Danish kroner in the first quarter, compared to 28.5 billion Danish kroner in the first quarter of 2017, which reflected an ~5.0% year-over-year (or YoY) decline.
EyePoint Pharmaceuticals, Inc. (EYPT), a specialty biopharmaceutical company developing and commercializing innovative ophthalmic products, today announced the appointment of Göran Ando, M.D., to the Company’s Board of Directors. Dr. Ando, the former Chairman of the Board of Novo Nordisk A/S (NVO), a global pharmaceutical company, brings more than 35 years of global drug development and general management experience to EyePoint. “Dr. Ando’s extensive experience across the many facets of the global pharmaceutical industry will undoubtedly be valuable as we transition into a commercial ophthalmic company with our planned U.S. launches of DEXYCU™ and, if approved, YUTIQ™,” said David J. Mazzo, Ph.D., Chairman of the Board of Directors of EyePoint Pharmaceuticals.
Novo Nordisk A/S said its diabetes treatment Tresiba showed “significantly improved” blood sugar control and lower rates of hypoglycemia compared with insulin glargine U300 in real-world evidence study....
Roche (RHHBY) will buy the remaining stake in Foundation Medicine for $2.4 billion. PTC Therapeutics (PTCT) presents encouraging preliminary data from an early-stage study in spinal muscular atrophy.
Novo Nordisk (NVO) announces positive headline results of two phase III studies PIONEER oral formulation of Ozempic (semaglutide) as a treatment for adults with type II diabetes.
Novo Nordisk (NVO) enters into a research collaboration and option agreement with Kallyope, Inc. to develop novel therapies for diabetes and obesity.
Several big pharma companies are about to lose patent exclusivity for blockbuster drugs. Should investors be worried?
In the first quarter, Novartis’s (NVS) revenue grew 10% to ~$12.7 billion from ~$11.5 billion. As we discussed in the previous part, it reported EPS of $1.28, meeting analysts’ estimate. Its revenue of ~$12.7 billion surpassed analysts’ estimate of ~$12.6 billion, marking ~10% YoY (year-over-year) growth.
ROSELAND, N.J., May 31, 2018-- Novo Nordisk announced Tuesday the completion of the second phase 3 a trial, PIONEER 2, with oral semaglutide, a once-daily oral formulation of the long-acting GLP-1 analog ...
Novo Nordisk's (NVO) oral formulation of Ozempic acts better in lowering blood sugar levels in adults with type II diabetes than Eli Lilly's Jardiance, in the second phase IIIa study, PIONEER 2.
Obesity is a global epidemic. Nearly one-quarter (22%) of the people in the world will be obese by 2045, up from 14% in 2017, and one in eight will have type 2 diabetes, up from 9% in 2017, it concluded. Using a World Health Organization database and dividing each country’s population into age groups, the authors suggest that — in order to stabilize the rate of global diabetes at 10% — obesity rates must fall from the current level of 14% to 10% by 2045.
NEW YORK, May 22, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of El ...