AMLN – A tidbit from NVO’s UBS webcast that may interest you: the presenter said that inhaled insulin is all but doomed to be a non-factor in the market due to the advent of GLP-1 drugs. The premise is that GLP-1 drugs will routinely be added to a regimen that includes long-acting, basal insulin.
What makes this admission remarkable is that NVO is one of the companies who has an inhaled-insulin program!
“The efficient-market hypothesis may be the foremost piece of B.S. ever promulgated in any area of human knowledge!”