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Novo Nordisk's diabetes drug, Ozempic, has shown promising results in a late-stage study, indicating a 24% reduction in the risk of death from major cardiac events and progression of chronic kidney disease in patients with type 2 diabetes. This is significant news for a number of reasons. Drugs from the GLP-1 class, which Ozempic belongs to, are initially designed for type 2 diabetes and weight loss. However, they are now demonstrating medical benefits beyond their original purposes.
Diabetes and CKD
Around 40% of people with type 2 diabetes suffer from chronic kidney disease globally, affecting approximately 700 million people. Novo Nordisk, a Danish drugmaker, stopped the trial ahead of schedule in October due to clear success in an interim analysis.
The new trial, called FLOW, involved 3,500 patients with type 2 diabetes and chronic kidney disease. The study demonstrated a statistically significant reduction in several symptoms. These included kidney disease progression, cardiovascular events, and kidney-related deaths for those treated with semaglutide 1.0 mg compared to a placebo.
Novo Nordisk
Novo Nordisk's shares, driven by demand for effective diabetes and weight-loss drugs, have risen by 24% this year, making the company Europe's most valuable listed company. However, after the announcement, shares dipped slightly. Analysts noted a 24% reduction in the risk of kidney disease-related events, slightly below some expectations.
Novo Nordisk plans to submit an application for label expansion for Ozempic in the U.S. and EU. The success of GLP-1 drugs has impacted shares in dialysis companies. It has also affected providers of bariatric surgery, food firms, and glucose-monitoring device makers.

The GLP-1 drug class's potential extends beyond Novo Nordisk, as rival Eli Lilly is enrolling patients for a trial on tirzepatide, its drug for chronic kidney disease in obese individuals with or without type 2 diabetes. This suggests a growing recognition of GLP-1s for treating health problems beyond diabetes and obesity.
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