Novo Nordisk says copycat compounders are hurting Wegovy sales, may take legal action [MSNBC.com]
Novo Nordisk A/S (NVO)
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Source: MSNBC.com
In this articleFlags with the logos of Danish drugmaker Novo Nordisk, maker of the blockbuster diabetes and weight-loss treatments Ozempic and Wegovy are pictures while the company presents the annual report at Novo Nordisk in Bagsvaerd, Denmark, on February 5, 2025.Mads Claus Rasmussen | Afp | Getty ImagesCopenhagen, DENMARK — Obesity drug giantU.S. compounding pharmacies have been allowed to make legal copies of Novo's Wegovy and diabetes drug Ozempic, both known chemically as semaglutide, under a drug shortage ruling by the Food and Drug Administration.The FDA last month declared the shortage over, however, giving compounding pharmacies until May 22 to cease selling copies of the drug. It follows the lifting of asimilar shortage labelEli Lilly'sCEO Lars Fruergaard Jørgensen said that efforts to bolster supply of the wildly popular weight-loss drug had resulted in the drug's removal from a drug shortage list."Given the significant growth of compounding in the U.S., it appears to im
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NVO
News
- Prediction: 1 Healthcare Giant Set to Soar in 2026 [Yahoo! Finance]Yahoo! Finance
- Obesity pill race heats up [CNBC]CNBC
- Eli Lilly Obesity Pill Maintains Weight Loss After Wegovy, Zepbound [Yahoo! Finance]Yahoo! Finance
- Lilly says obesity pill can replace shot after weight loss [Yahoo! Finance]Yahoo! Finance
- Rise of Direct-to-Patient GLP-1 Sales Shakes Up Care Models, HCPs Split on Pharma's Expanding Role [Yahoo! Finance]Yahoo! Finance
NVO
Earnings
- 11/6/25 - Beat
NVO
Sec Filings
- 11/25/25 - Form 6-K
- 11/24/25 - Form 6-K
- 11/17/25 - Form 6-K
- NVO's page on the SEC website