As you probably could have guessed, Ozempic and Wegovy aren't going to be the last popular and profitable medicines that Novo Nordisk (NVO 0.27%) will bring to market. Nor is the Danish pharma juggernaut going to focus exclusively on developing more therapies for diabetes and obesity, despite how excellent its performance has been, thanks to its treatments in those indications.Instead, the company is planning to diversify into yet another key market, and its shareholders are probably going to eventually bec ...

ktsimage/iStock via Getty Images Omega Therapeutics, Inc. (NASDAQ:OMGA) was founded in 2017 and is one of the companies created by Flagship Pioneering, a biotech incubator. OMGA is at the forefront of a new approach in biomedicine with its proprietary platform, which allows the development of programmable epigenomic mRNA medicines to control gene manifestation before the transcription phase when mRNA is synthesized, preserving DNA sequencing. Leveraging this platform, the company can engineer targeted t ...

Here at Zacks, we offer our members many different opportunities to take full advantage of the stock market, as well as how to invest in ways that lead to long-term success.The Zacks Premium service, which provides daily updates of the Zacks Rank and Zacks Industry Rank; full access to the Zacks #1 Rank List; Equity Research reports; and Premium stock screens like the Earnings ESP filter, makes these more manageable goals. All of the features can help you identify what stocks to buy, what to sell, and what ...

Novo Nordisk (NVO) announced that the European Medicines Agency’s Committee for Medicinal Products for Human Use (“CHMP”) adopted a positive opinion, recommending marketing authorization for once-weekly basal insulin icodec for the treatment of diabetes in adults. The basal insulin has been recommended under the brand name Awiqli.The positive CHMP opinion is based on results from the phase IIIa ONWARDS program. The program comprised six phase IIIa global clinical trials, which investigated the efficacy and ...

About this content About Josh Lamb After graduating from the University of Kent in the summer of 2022 with a degree in History, Josh joined Proactive later that year as a journalist in the UK editorial team. Josh has reported on a range of areas whilst at Proactive, including energy companies during a time of global crisis, aviation and airlines as the sector recovers from the pandemic, as well as covering economic, social and governance issues. Read more About the publisher Proactive financial news and ...

The stock of Novo Nordisk (NVO -1.79%) has been a hot buy over the past few years (up 270% in three years), largely due to the success of its diabetes and weight loss drugs.Even if you aren't familiar with the company, you're probably familiar with Ozempic, which has been synonymous with weight loss even though it's approved as a treatment for diabetes. Wegovy is the company's approved weight loss drug, and it has been growing at a scorching rate, with its sales rising by more than 400% last year. And while ...

Novo Nordisk (NVO) closed the most recent trading day at $132.89, moving +0.39% from the previous trading session. This move lagged the S&P 500's daily gain of 0.63%. Elsewhere, the Dow gained 0.2%, while the tech-heavy Nasdaq added 0.82%.Coming into today, shares of the drugmaker had gained 6.74% in the past month. In that same time, the Medical sector gained 0.91%, while the S&P 500 gained 1.76%.Analysts and investors alike will be keeping a close eye on the performance of Novo Nordisk in its upcoming ear ...

Here at Zacks, we offer our members many different opportunities to take full advantage of the stock market, as well as how to invest in ways that lead to long-term success.One of our most popular services, Zacks Premium offers daily updates of the Zacks Rank and Zacks Industry Rank; full access to the Zacks #1 Rank List; Equity Research reports; and Premium stock screens like the Earnings ESP filter. All are useful tools to find what stocks to buy, what to sell, and what are today's hottest industries.The ...

The "Magnificent Seven" are helping lift major U.S. indexes to record highs. This group of highly acclaimed stocks -- among the heaviest-weighted equities in the S&P 500 -- is comprised of Alphabet, Amazon, Apple, Meta Platforms, Microsoft, Nvidia, and Tesla. There are good reasons to invest in all seven of these corporations, and that's why they've performed so well in recent years.However, some companies outside this clique are just as impressive and deserve to be considered on par with the Magnificent Se ...

Some pharmaceutical products have become massively popular in the past few years. The class of vaccines and drugs that help prevent and treat COVID-19 is a good example. These allowed us to contain the pandemic, so their fame is well deserved. Another category of drugs has been making plenty of noise lately: anti-obesity medicines.Perhaps the most famous is Wegovy, marketed by Novo Nordisk (NVO -1.64%). The Denmark-based drugmaker is a leader in this niche. Though Wegovy still has a long and bright future a ...