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Novo Nordisk, Eli Lilly drop on Amgen competition concerns

May 3, 2024 7:15 AM EDT

(Updated - May 3, 2024 7:48 AM EDT)

Shares of Novo Nordisk (NYSE: NVO) and Eli Lilly & Co. (NYSE: LLY) are down premarket Friday as competition in the GLP-1 market. Amgen (NASDAQ: AMGN) disclosed that it looked at AMG133's unblinded phase 2 interim trial and came away confident in 133's differentiated... More