Novo Nordisk shares are trading lower after GLP-1 market competitor Eli Lilly reported Phase 3 results for its retatrutide drug that included statistically significant improvements in weight loss, osteoarthritis pain and sleep apnea.

Novo Nordisk

Novo Nordisk

NVO

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Novo Nordisk shares are trading lower after GLP-1 market competitor Eli Lilly reported Phase 3 results for its retatrutide drug that included statistically significant improvements in weight loss, osteoarthritis pain and sleep apnea.