Outcome is blow to one of Europe’s largest listed companies

Shares of Novo Nordisk plunged after the Danish drug pharmaceutical company said a highly-anticipated trial for Alzheimer's disease failed to meet its main goal.

Findings are respite for German conglomerate facing sliding sales of blockbuster drugs and US legal challenges

Outcome is blow to one of Europe’s largest listed companies

The company said the weight loss and diabetes treatment drug failed to show any significant reduction in the progression of Alzheimer's disease in patients.

Amycretin also improved participants’ blood sugar levels in positive sign for Danish company’s treatment pipeline