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Novo Nordisk (NOVO) investor relations material
Novo Nordisk Study result summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Study design and objectives
REDEFINE 4 was an open-label, phase III trial with 809 adults with obesity and comorbidities, comparing CagriSema 2.4 mg/2.4 mg to tirzepatide 15 mg over 84 weeks, primarily in the U.S.
The primary endpoint was to confirm non-inferiority of CagriSema versus tirzepatide in percentage body weight change over 84 weeks.
Both drugs were administered once weekly via subcutaneous injection, with dose modifications allowed and regimens consistent with prior REDEFINE trials.
All participants and investigators were aware of treatment assignments.
Key efficacy and safety results
CagriSema achieved a 23% mean weight reduction, while tirzepatide achieved 25.5% after 84 weeks, starting from a mean baseline weight of 140.2 kg.
The primary endpoint of non-inferiority was not met, as CagriSema did not match tirzepatide's weight loss efficacy.
Using the treatment-regimen estimand, CagriSema achieved 20.2% weight loss versus 23.6% for tirzepatide.
Both treatments showed similar safety and tolerability profiles, with gastrointestinal events being the most common and generally mild to moderate, diminishing over time.
Interpretation and trial limitations
Tirzepatide's efficacy in this trial exceeded typical results from previous studies, possibly due to open-label design and investigator familiarity.
More patients in the tirzepatide arm reached the highest dose, likely influenced by the open-label format and investigator experience.
Not all CagriSema patients reached the full target dose, suggesting further weight loss potential remains untapped.
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Q4 20249 Jan 2026 - AGM saw 21% dividend growth, board continuity, and major investments in production capacity.NOVO
AGM 20252 Dec 2025
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