Trump’s Tariffs May Target Pharmaceuticals—Here’s How Drug Prices Could Change [Forbes]
Novo Nordisk A/S (NVO)
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Source: Forbes
earlier this week, which are expected to drive prices up across several industries, though analysts and Trump have warned that future tariffs will likely target imported medicines. Trump previously floated a 25% tariff on all imported drugs, though they were unaffected by recent ... More reciprocal levies. Copyright 2025 The Associated Press. All rights reserved. Key Facts Trump imposed a baseline 10% on most U.S. imports in an address on Wednesday, though pharmaceuticals were among the goods from the sweeping tariffs, in addition to some energy products, minerals and chemicals used in energy, manufacturing and vaccine production. While announcing his reciprocal tariffs, Trump warned pharmaceutical companies to return production to the U.S., saying, “[They] are going to come roaring back … they're all coming back to our country because if they don't, they've got a big tax to pay.” Trump tariffs on semiconductors and pharmaceuticals in February, suggesting levies would be “
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NVO
News
- ?Novo Nordisk (NVO) Receives Positive Opinion For Wegovy By European Medicines Agency [Yahoo! Finance]Yahoo! Finance
- Novo Nordisk Files NDA for Next-Generation Obesity Drug CagriSema [Yahoo! Finance]Yahoo! Finance
- Eli Lilly's oral GLP-1RA maintains weight loss from injectable drugs [Yahoo! Finance]Yahoo! Finance
- This is how exposed European Big Pharma is to the U.S. [MSNBC.com]MSNBC.com
- UBS Reiterates Neutral on Novo Nordisk A/S (NVO) Despite Wegovy Dose Progress [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