Category: Novo Nordisk
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STAT+: Novo Nordisk’s Wegovy and Ozempic shots could be made for as little as $3 a month, analysis finds
STAT+: Novo Nordisk’s Wegovy and Ozempic shots could be made for as little as $3 a month, analysis finds Generic versions of Novo Nordisk’s blockbuster Wegovy and Ozempic medications could be mass produced for about $3 per person per month, a cost that could greatly widen access in low- and middle-income countries, according to a…
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STAT+: Will Novo Nordisk’s slashing of obesity drug prices save patients’ money? It depends
STAT+: Will Novo Nordisk’s slashing of obesity drug prices save patients’ money? It depends Novo Nordisk made headlines Tuesday by announcing it would slash the list prices of its GLP-1 drugs and arguing that doing so would expand access. For insured patients who have to pay coinsurance — a certain percentage of the list price…
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Challenges for a crucial sickle cell treatment and the latest outlook for GLP-1s
Challenges for a crucial sickle cell treatment and the latest outlook for GLP-1s On this week’s episode of The Readout LOUD: two starkly different financial outlooks from Novo Nordisk and Eli Lilly, a psychedelics drug from Compass Pathways encountered a roadblock with the Trump White House, and a closer look at why manufacturing problems have slowed…
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STAT+: Novo Nordisk accuses Hims & Hers of ‘illegal mass compounding’ over a cheaper version of Wegovy pill
STAT+: Novo Nordisk accuses Hims & Hers of ‘illegal mass compounding’ over a cheaper version of Wegovy pill In an unexpected move, Hims & Hers is making available a cheaper, compounded version of the Wegovy weight loss pill sold by Novo Nordisk, prompting the drugmaker to accuse the telehealth platform of “illegal mass compounding.” In…
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STAT+: Novo Nordisk sees lower sales, profits as Wegovy faces growing competition
STAT+: Novo Nordisk sees lower sales, profits as Wegovy faces growing competition Novo Nordisk on Tuesday said it expects sales and profits to decline this year, as the maker of Wegovy faces growing competition in the obesity market. The Danish pharma giant said it expects sales to decrease in the range of 5% to 13%…
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STAT+: On Day 3 of JPM, pharma threads a needle with the White House, and Novo Nordisk has an eye on M&A
STAT+: On Day 3 of JPM, pharma threads a needle with the White House, and Novo Nordisk has an eye on M&A This is the online version of The Readout, STAT’s flagship biotech newsletter. Sign up to get it in your inbox. It’s Day 3 of JPM and all of us — Matt, Elaine, Adam, and Allison — are…
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Live from JPM 2026, a sit-down with Novo Nordisk’s CEO and VC Bob Nelsen
Live from JPM 2026, a sit-down with Novo Nordisk’s CEO and VC Bob Nelsen How did an office clerk become CEO of a major pharmaceutical company? What’s “Project Prometheus”? And what’s next in drug R&D? Allison, Adam, and Elaine are asking those questions live from the J.P. Morgan Healthcare Conference in San Francisco. Read the…
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JPM to bring more deals and happy CEOs
JPM to bring more deals and happy CEOs What news happened over the holidays? Why will pharma CEOs be greeted warmly in San Francisco next week? And who will buy Revolution Medicines? We discuss all that and more on this week’s episode of “The Readout LOUD,” STAT’s weekly biotech podcast. We bring on former co-host…
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STAT+: With the Wegovy pill, Novo Nordisk undercuts Eli Lilly in direct-to-consumer market
STAT+: With the Wegovy pill, Novo Nordisk undercuts Eli Lilly in direct-to-consumer market Novo Nordisk plans to sell its newly approved obesity pill directly to patients at a lower price than a competing medicine from Eli Lilly, as the Danish drugmaker tries to seize market share among consumers paying cash for blockbuster GLP-1 therapies. Novo…
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STAT+: Novo Nordisk’s $199 Ozempic deal shows what telehealth platforms can do for pharma
STAT+: Novo Nordisk’s $199 Ozempic deal shows what telehealth platforms can do for pharma On Monday, Novo Nordisk announced a discount on its popular drugs for diabetes and obesity, Ozempic and Wegovy, cutting prices for the lowest doses to $199 when patients pay cash through Novo’s pharmacy NovoCare. Patients searching for those deals online, though,…
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STAT+: Kennedy, a longtime pharma critic, embraces Trump deal to expand access to obesity drugs
STAT+: Kennedy, a longtime pharma critic, embraces Trump deal to expand access to obesity drugs WASHINGTON — Health Secretary Robert F. Kennedy Jr. was uncharacteristically chummy with pharma executives at the White House on Thursday as he cheered the Trump administration’s plan for lowering obesity medication prices. Kennedy has railed against drugmakers in the past, and…
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Melodrama at the FDA and the Pfizer-Novo bidding war
Melodrama at the FDA and the Pfizer-Novo bidding war On this week’s episode of “The Readout LOUD”: “Mean Girls” melodrama at the top of the FDA and the latest on the Pfizer-Novo Nordisk bidding war for Metsera. On a jam-packed show, your co-hosts, minus the vacationing Allison DeAngelis, chat with STAT’s D.C. correspondent Lizzy Lawrence…
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STAT+: FTC raises concern about Novo Nordisk attempt to acquire obesity startup Metsera
STAT+: FTC raises concern about Novo Nordisk attempt to acquire obesity startup Metsera The Federal Trade Commission has raised concerns about Novo Nordisk’s attempt to outbid Pfizer to acquire obesity startup Metsera, the latest complication in a dramatic bidding war between two pharma giants. Companies normally have to seek FTC review for acquisitions under a…
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STAT+: Trump administration nears deals for cheaper weight loss drugs with Novo Nordisk, Eli Lilly
STAT+: Trump administration nears deals for cheaper weight loss drugs with Novo Nordisk, Eli Lilly WASHINGTON — The Trump administration is nearing deals with Eli Lilly and Novo Nordisk to lower the prices of their weight loss drugs and expand access to them, people familiar with the talks told STAT. The companies have been close to…
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BridgeBio’s great week and Moderna’s unraveling
BridgeBio’s great week and Moderna’s unraveling Has BridgeBio’s business model worked? How are executives at Moderna dealing with the company’s slump? And who will the hosts dress up as for Halloween? We discuss all that on this week’s episode of the “The Readout LOUD,” STAT’s biotech podcast. We bring on BridgeBio CEO Neil Kumar to…
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The ouster of CDC’s director, biotech venture firm rankings
The ouster of CDC’s director, biotech venture firm rankings What is happening to the leadership of the Centers for Disease Control and Prevention? Which biotech venture capital firm has generated the best returns for investors? And how did cat hair show up inside a major drug manufacturing plant? We discuss all that on this week’s…
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STAT+: Major U.S. drug manufacturing plant did not properly investigate cat hair, pests, and other problems, FDA finds
STAT+: Major U.S. drug manufacturing plant did not properly investigate cat hair, pests, and other problems, FDA finds Cat hair, pests, bacteria, and equipment failures. These were among the concerns of a recent regulatory inspection of a key, but historically troubled, manufacturing plant that Novo Nordisk bought last year as part of its parent company’s…
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STAT+: Novo Nordisk’s obesity drug Wegovy cleared to treat MASH
STAT+: Novo Nordisk’s obesity drug Wegovy cleared to treat MASH Novo Nordisk’s obesity drug Wegovy was cleared by U.S. regulators on Friday to treat an increasingly common liver disease, adding to the list of conditions for which the blockbuster therapy is now approved. The Food and Drug Administration granted accelerated approval to Wegovy for patients…
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STAT+: Novo Nordisk’s amylin obesity drug keeps performing like Zepbound
STAT+: Novo Nordisk’s amylin obesity drug keeps performing like Zepbound CHICAGO — Late-stage results of Novo Nordisk’s obesity candidate CagriSema suggest the drug is comparable to Eli Lilly’s Zepbound on safety and efficacy, further data indicating that CagriSema may not be the standout treatment that investors had hoped for. Novo previously reported that patients on…
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An AI experiment at the FDA & Novo trailing in the obesity drug race
An AI experiment at the FDA & Novo trailing in the obesity drug race On this week’s episode of “The Readout LOUD”: The Food and Drug Administration’s AI adventure, a deep look inside Novo Nordisk’s obesity stumble, and finally, another big M&A deal in biotech. The FDA has rolled out an internal AI tool called…
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Uncertainty in CRISPR world and the start of more M&A
Uncertainty in CRISPR world and the start of more M&A What was the mood like at a big gene therapy conference last week? Why is Novo Nordisk’s CEO stepping down? And why has Adam been in such a good mood? We discuss all that and more on this week’s episode of “The Readout LOUD,” STAT’s…
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STAT+: Eli Lilly and AstraZeneca top a consultancy’s ranking of drug company R&D
STAT+: Eli Lilly and AstraZeneca top a consultancy’s ranking of drug company R&D A consultancy’s new ranking of drug company R&D shows Eli Lilly has risen to the top of the drug development heap — but when it comes to invention, AstraZeneca, with its wealth of experimental cancer and rare disease therapies, ranks above its…
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STAT+: Compounders lose legal battle with FDA over removal of Eli Lilly’s weight loss drug from a shortage list
STAT+: Compounders lose legal battle with FDA over removal of Eli Lilly’s weight loss drug from a shortage list A federal judge has sided with the U.S. Food and Drug Administration over a decision last year to remove two Eli Lilly drugs — the Zepbound weight loss medicine and the Mounjaro diabetes treatment — from…