Novo Nordisk stops development of new insulin product

A phase I trial turned out to be the nail in the coffin for Novo Nordisk’s potential treatment combining a basal insulin with a cholesterol lowering substance.
Photo: Rolf Vennenbernd/AP/Ritzau Scanpix
Photo: Rolf Vennenbernd/AP/Ritzau Scanpix
by MIKKEL AABENHUS HEMMINGSEN, translated by daniel pedersen

Novo Nordisk has terminated the development of what could have ended up being a new insulin product, insulin 147, according to the Danish pharmaceutical firm’s financial report on Wednesday.

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