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Novo Nordisk, Eli Lilly shares up
Novo Nordisk shares rise as Biden proposes obesity care coverage
COPENHAGEN (Reuters) -Shares of Danish weight-loss drug maker Novo Nordisk rose 1.3% on Tuesday as U.S. President Joe Biden proposed expanding coverage of anti-obesity drugs for millions on Medicare and Medicaid.
Eli Lilly, Novo Nordisk Stocks Gain as Biden Moves to Expand Coverage of Weight-Loss Drugs
Key Takeaways Eli Lilly and Novo Nordisk shares rose Tuesday after the Biden administration proposed expanding coverage of the companies' weight-loss drugs in government-backed healthcare plans.The proposal recommended drugs like Ozempic and Mounjaro be covered under Medicare and Medicaid,
Biden's Proposal Boosts Novo Nordisk Shares Amid Obesity Drug Debate
Novo Nordisk's shares rose due to President Joe Biden's proposal to expand Medicare and Medicaid coverage for anti-obesity drugs. While current rules exclude obesity-specific drugs, this proposal could lower costs and increase access.
Wall Street Journal on MSN
9h
Novo Nordisk Says White House Obesity Plan Is Step in Right Direction
Novo
Nordisk
is encouraged by White House proposals that could support patients using weight-loss drugs, but cautioned ...
9h
Novo Nordisk Foundation CEO dismisses ‘Nokia risk’ as ‘fundamentally different’ for Denmark’s economy
Novo Nordisk Foundation CEO Mads Krogsgaard Thomsen said only 9 million people are using GLP-1s compared with 1 billion ...
Bloomberg L.P.
1d
Novo Nordisk Foundation Targets US, Europe After Obesity Boost
The world’s largest philanthropic fund that ultimately controls
Novo
Nordisk
A/S will ramp up its investments outside of ...
20h
Novo Nordisk: Supply Strains, Competition, And RFK Concerns Mask Solid Fundamentals
Novo Nordisk faces challenges in weight-loss sector, but acquisition and strong diabetes portfolio position it for future ...
6d
on MSN
Is Novo Nordisk Stock a Buy Right Now?
Novo Nordisk stock has been pretty volatile lately, making it hard to judge whether now is a good opportunity to buy shares.
Yahoo
5d
Novo Nordisk’s Wegovy launches in China, offering obesity drug at a fraction of US prices
According to Reuters and CNN,
Novo
Nordisk
announced Monday that it has launched its popular obesity drug Wegovy in China ...
2d
Novo Nordisk: Can CagriSema Show 25% Weight Loss In REDEFINE-1 Trial?
Novo Nordisk will report the topline results from the REDEFINE-1 trial of CagriSema in obese patients before the end of the ...
1d
Exclusive: Thousands turn to Wegovy copies each month as FDA considers shortage status
More than 200,000 prescriptions for copies of Novo Nordisk's weight-loss drug Wegovy are getting filled by U.S. patients each ...
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