Novo Nordisk (NVO) shares dropped about 9% today after the company reported that its experimental heart drug ziltivekimab failed a major Phase 3...

Ziltivekimab's failure in a key trial spurred share sell-offs for Novo and other biotechs, as it suggested trouble for different cardiovascular drugs that also target inflammation.

Analysts were critical of the Ozempic maker’s failed trial for a new experimental drug.