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A Weight-Loss Rival Just Crashed 23%. Why That's Great News for Eli Lilly and Novo Nordisk.

Source: Motley Fool

2026-06-08 12:34:20 ET

The GLP weight-loss space has become increasingly competitive as new players have entered what many believe is a game-changing new market that’s still in the early innings.

But getting in the game is easier said than done.

Shares of the Danish biotech company Zealand Pharma (OTC:ZLDPF) had crashed nearly 23%, as of 12:10 p.m. ET today, after a late-stage study of one of its new weight-loss drugs showed disappointing results.

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Zealand Pharma A/S.

NASDAQ: ZLDPF

ZLDPF Trading

2.25% G/L:

$45.50 Last:

284 Volume:

$45.50 Open:

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ZLDPF Latest News

$4,529,461,750
63,016,002
N/A
117
N/A
Biotechnology & Life Sciences
Healthcare
DK
Soborg

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