Category Archives: Topics

Novo Q3 ’24 Earnings

Novo Nordisk hosted its Q3 ’24 earnings call (press release; slides) and provided updates across its CVRM portfolio, including new semaglutide PAD data. FENIX will cover Novo’s London Q3 ’24 earnings call tomorrow, November 7, 2024. Below, FENIX provides highlights and insights from the Q3 ’24 earnings call.

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Viking VK2735 Ph2 Data @ ObesityWeek; SELECT Hospitalization Analysis; Novo/Ascendis Partnership for QM GLP-1RA; Skye CB1 Preclinical Data; Lexicon Preclinical Obesity Data; NeuroBo MASH Updates

A series of cardiometabolic-related news items have been observed from Viking Therapeutics, Novo Nordisk, Skye Bioscience, Lexicon Pharmaceuticals, and NeuroBo Pharmaceuticals. FENIX will provide coverage for the AstraZeneca weight management investor event in tomorrow’s blast (view here). Below, FENIX provides highlights and insights for the respective news items.

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Zynquista Negative Adcom Vote; Novo STEP-9 Results Published; Wegovy Removed from FDA Shortage List; Amgen, Madrigal, Biomea, Teladoc, and Amarin Q3 ’24 Earnings; BI/Gubra Discontinue NPY2 for Obesity; Inventiva Positive DMC Recommendation for Ph3 MASH Trial

A series of cardiometabolic-related news items have been observed from Lexicon, Novo Nordisk, Amgen, Madrigal, Biomea Fusion, BI/Gubra, Inventiva, Teladoc, and Amarin. Below, FENIX provides highlights and insights for the respective news items.

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Lilly Q3 ’24 Earnings Call

Lilly hosted its Q3 ’24 earnings call (press release; slides) and provided updates across its CVRM portfolio. Of note, Lilly decreased its FY2024 revenue guidance by $600M to $45.4B- $46B, primarily due to the acquired IPR&D charges incurred in Q3 as well as investments in increasing the supply of tirzepatide. Following the updated guidance, Lilly’s stock price decreased by ~8%.

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Abbott and Tidepool Partnership; New Retatrutide Obesity Trial; Apple Prediabetes App

Three cardiometabolic-related news items have been observed: Abbott and Tidepool announced a cloud-to-cloud integration partnership (view press release); Lilly initiated a retatrutide study in obesity (view CT.gov record); and Apple initiated development of a prediabetes app (view article). Below, FENIX provides highlights and insights for the respective news items.

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Dexcom and Sanofi Q3 ’24 Earnings; Zepbound Label Update

Three cardiometabolic-related news items have been observed: Dexcom hosted its Q3 ’24 earnings call (press release; slides); the Zepbound US label has been updated to include SURMOUNT-3 and -4 data (view label); and Sanofi hosted its Q3 ’24 earnings call (press release; slides; infographic). Below, FENIX provides highlights and insights for the respective news items.

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