Good news for diabetes giant in huge comparison study

30 November 2016

Danish diabetes giant Novo Nordisk’s (NOV: N) recent share price rally continued on the news of positive results of the cardiovascular safety of Tresiba (insulin degludec) compared to insulin glargine U100 when added to standard of care.

The company’s share value had risen by more than 3% to 237.50 Danish kroner in five hours of trading on Wednesday, continuing its rise from 220.70 a week ago.

"The DEVOTE results further strengthen the potential of Tresiba to become the new standard of care within basal insulin therapy"

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