NVO - Why Are Dialysis Provider Stocks Trading Higher On Tuesday? | Benzinga
Tuesday, Novo Nordisk A/S (NYSE:NVO) released the headline results from the kidney outcomes trial, FLOW.
The trial achieved its primary endpoint by demonstrating a statistically significant and superior reduction in kidney disease progression as well as cardiovascular and kidney death of 24% for people treated with semaglutide 1.0 mg compared to placebo.
Stocks of kidney dialysis-focused DaVita Inc (NYSE:DVA), Fresenius Medical Care AG (NYSE:FMS), and Baxter International Inc (NYSE:BAX) shares fell sharply when Novo Nordisk stopped the ...