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Novo Nordisk shares drop nearly 10% after heart drug trial fails to reduce major cardiovascular events.

Market News
31 Jul 2026
CNBC
View Source
Bearish
Novo Nordisk shares drop nearly 10% after heart drug trial fails to reduce major cardiovascular events.

Shares of Novo Nordisk fell sharply after the company announced that its late-stage trial for the heart drug ziltivekimab did not significantly reduce major cardiovascular events like heart attack, stroke, or cardiovascular death compared to a placebo. Although the drug showed some biological activity, it failed to achieve the hoped-for clinical benefits. Novo Nordisk's chief scientific officer emphasized that the company remains committed to cardiovascular disease research despite this setback. The stock dropped about 8.6% in Copenhagen and nearly 10% in U.S. premarket trading.

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