Novo Nordisk surges on stock market after US FDA approves Wegovy tablet

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Novo Nordisk surges on stock market after US FDA approves Wegovy tablet
Photo: Richard Drew/AP/TT

On Tuesday night, the US Food and Drug Administration (FDA) announced that the company's best-seller Wegovy is now approved in tablet form on the US market.

Wegovy, which is a so-called GLP-1 drug, has already been sold in injection form. Unlike the injections, which are taken once a week, the tablets can be taken once a day.

The news gave a stock market boost to Novo Nordisk, which earlier in the year had headwinds due to cheaper variants of Wegovy popping up among competitors.

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By TT News AgencyEnglish edition by Sweden Herald, adapted for our readers

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