Cosmetic Ozempic Use Under Fire in Europe Amid Drug Shortages [BNN Bloomberg (Canada)]
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Novo Nordisk A/S (NVO)
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Source: BNN Bloomberg
Member states should consider “measures to control and optimize distribution of these medicines,” the umbrella group that monitors EU drug-supply issues said Wednesday. Drugmakers will also need to ensure that their marketing messages are cleared by regulatory authorities, the group said. The success of Novo Nordisk A/S's Ozempic and Wegovy as well as blockbuster shots made by rival Eli Lilly & Co., which can help people lose unprecedented amounts of weight, has left some patients with diabetes struggling to continue their treatment. The obesity versions of the medicines have been slower to roll out in Europe, stoking demand for the sister products intended for diabetes. Up-front negotiating on price is often part of talks with European public health-care systems, unlike in the more lucrative US market. Using diabetes drugs such as Ozempic for weight loss will make shortages worse, EU regulators said on Wednesday. They urged doctors to prescribe the treatments only in line with
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News
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- Fake Ozempic and Wegovy are flooding the market. Here are 4 steps to avoid dangerous counterfeit weight loss drugs [Yahoo! Finance]Yahoo! Finance
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- 5/3/24 - Beat
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- 6/26/24 - Form 6-K
- 6/24/24 - Form 6-K
- 6/21/24 - Form 11-K
- NVO's page on the SEC website