Novo Nordisk's stock rose after England's drug price regulator endorsed Wegovy for preventing heart attacks and strokes. The recommendation is expected to boost NHS access and sales.
- NICE recommended Wegovy for cardiovascular prevention in adults with a BMI of at least 27 and a history of heart issues.
- Wegovy's active ingredient, semaglutide, is also used in Ozempic for diabetes treatment.
- Novo Nordisk's shares rose up to 4% following the recommendation, with a 2% gain in morning trading.
- The Stoxx 600 index increased by 2.1% as the pharmaceutical sector responded positively.
- The recommendation is expected to expand NHS access to Wegovy, potentially boosting sales.
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