(MENAFN- GlobeNewsWire - Nasdaq) NEW YORK, Jan. 24, 2025 (GLOBE NEWSWIRE) -- The following statement is being issued by Levi & Korsinsky, LLP:

To: All persons or entities who purchased or otherwise acquired securities of
Novo Nordisk A/S (“Novo” or the“Company”) (NYSE: NVO) between November 2, 2022 to December 19, 2024, both dates inclusive. You are hereby notified that the class action lawsuit Changyeon Moon v. Novo Nordisk A/S, et al. (Case No. 2:25-cv-00713) has been commenced in the United States District Court for the District of New Jersey. To get more information go to:

or contact Joseph E. Levi, Esq. either via email at ... or by telephone at (212) 363-7500. There is no cost or obligation to you.

According to the complaint, on December 20, 2024, Novo issued a press release announcing the below-expected results of their“REDEFINE 1” trial,“a 68-week efficacy and safety trial investigating subcutaneous CagriSema.” The trial showed that patients treated with CagriSema exhibited weight loss of 22.7% after 68 weeks, well short of Novo's targeted expectation of at least 25% weight loss. The press release further indicated that participant patients were permitted to modify their own dosage during the trial and, as a result, only 57.3% of patients treated with CagriSema were on the highest dosage contemplated by the study.

Following this news, Novo's stock price fell by $18.44 per share to close at $85.00 per share.

If you suffered a loss in NVO securities, you have until March 25, 2025 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, NY 10004
...
Tel: (212) 363-7500
Fax: (212) 363-7171

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