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By Reuters Staff
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COPENHAGEN (Reuters) - Diabetes drugmaker Novo Nordisk will start a late-stage clinical trial to test its semaglutide drug as a treatment for early Alzheimer’s disease, it said on Wednesday.
FILE PHOTO: Flags are seen outside Novo Nordisk headquarters in Copenhagen, Denmark, February 5, 2020. REUTERS/Jacob Gronholt-Pedersen
Novo shares were up 4.3% at 1418 GMT following the news.
Sydbank analyst Soeren Loentoft described the move as a “good signal”, showing Novo’s confidence in the drug, but warned developing treatments for Alzheimer’s was notoriously difficult.
“Many have tried without success in the last many years, so this is a high-risk study, and it is by no means certain that Novo’s semaglutide will have an effect,” he said.
KrogsgaardMidtjyllandDenmarkJapanUnited-statesCopenhagenKøavnNikolaj-skydsgaardMark-potterElaine-hardcastleSoeren-loentoftThomson-reuters-trust-principlesBy Syndicated Content
Dec 16, 2020 7:23 AM
COPENHAGEN (Reuters) â Diabetes drug manufacturer Novo Nordisk will initiate a late-stage trial to investigate the benefits of its semaglutide drug in treatment of Alzheimerâs disease, the company said on Wednesday.
âDue to the growing unmet medical need and the increasing evidence of a potential therapeutic role for GLP-1, we will investigate the benefits of oral semaglutide in early Alzheimerâs disease,â Chief Scientific Officer Mads Krogsgaard said in a statement.
The phase 3a trial is set to start in the first half of 2021 and include about 3,700 people, Novo said.
(Reporting by Nikolaj Skydsgaard; Editing by David Goodman)
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