Overturning Chevron Doctrine Could Impact Medicare's Drug Selections For Price Negotiations [Forbes]
Novo Nordisk A/S (NVO)
Last novo nordisk a/s earnings: 2/5 01:31 am
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Source: Forbes
The ruling could constrain regulatory agencies with respect to their ability to interpret and operationalize legislation as they see fit. Photographer: Valerie Plesch/Bloomberg © 2024 Bloomberg Finance LP In June, the Supreme Court overturned the decades-old Chevron doctrine that empowered a federal agency's “reasonable interpretation of ambiguous federal laws.” This ruling could constrain regulatory agencies, specifically with respect to their latitude in interpreting and operationalizing laws as they see fit. Since 1984, the Chevron doctrine has served as a framework for federal courts in deciding disputes between federal agencies and private parties over the legality of executive branch decisions and statutory regulations. For example, Congress has granted the Centers for Medicare and Medicaid Services considerable discretion in making policy decisions based on laws that were passed in Congress. To illustrate, under the Inflation Reduction Act , CMS has been given the autho
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NVO
News
- Novo Nordisk's Wegovy launches in China, offering obesity drug at a fraction of US prices [Yahoo! Finance]Yahoo! Finance
- Eli Lilly and 2 More Drug Stocks to Buy After RFK-Inspired Drop [Yahoo! Finance]Yahoo! Finance
- Useless Europe is sleepwalking into oblivion [Yahoo! Finance]Yahoo! Finance
- Weight loss drug makers still have huge upside, and the market overreacted to RFK Jr. named to top health role, BMO says [Yahoo! Finance]Yahoo! Finance
- Weight loss drug makers still have huge upside, and the market overreacted to RFK Jr. named to top health role, BMO says [Business Insider]Business Insider
NVO
Earnings
- 11/7/24 - Beat
NVO
Sec Filings
- 11/19/24 - Form 6-K
- 11/18/24 - Form 6-K
- 11/14/24 - Form 6-K
- NVO's page on the SEC website