Novo Nordisk, the pharmaceutical giant, reported a slight miss on its third-quarter sales target, despite impressive year-over-year growth driven by its GLP-1 diabetes and obesity treatments. Wegovy sales skyrocketed 81%, while Ozempic sales climbed 26%. The company also tightened its full-year guidance, citing expected supply constraints.
Results for: Wegovy
Novo Nordisk’s Wegovy (semaglutide 2.4 mg) has shown positive results in treating metabolic dysfunction-associated steatohepatitis (MASH) with liver fibrosis in a Phase 3 trial. The drug demonstrated significant improvement in liver fibrosis compared to placebo, potentially paving the way for regulatory approval in the US and EU in the first half of 2025.
WeightWatchers (WW International) stock is experiencing a significant surge on Wednesday, driven by the company’s announcement of adding compounded semaglutide to its weight-loss offerings. This move comes in response to widespread shortages and insurance hurdles for GLP-1 medications like Wegovy and Ozempic.
Recent data suggests that the United States may have reached a turning point in its fight against obesity, with 2020 potentially marking the year when obesity rates peaked and began to decline. This potential shift is attributed to the emergence of new, highly effective weight loss drugs like Ozempic and Wegovy, which have shown remarkable results in clinical trials and are now being used by a significant portion of the US population.
The demand for GLP-1 agonists like Ozempic and Wegovy for weight management is growing, but real-world evidence suggests their effectiveness may be less pronounced than clinical trials indicate. This article explores the discrepancies in weight loss results, factors influencing treatment adherence, and the potential implications for patients.
Novo Nordisk, the maker of popular weight-loss drugs Ozempic and Wegovy, is facing intense political pressure to lower prices in the U.S. While the company attributes high prices to pharmacy benefit managers (PBMs), experts believe demand for these drugs will likely remain high, ensuring Novo Nordisk’s continued success. The political climate suggests potential mergers and acquisitions in the weight-loss sector post-election.
Lars Fruergaard Jørgensen, CEO of Novo Nordisk, will be questioned by US lawmakers regarding the high prices of the company’s diabetes and weight-loss drugs, including Ozempic and Wegovy. The hearing, scheduled for Tuesday, September 24th, is led by Senator Bernie Sanders who has been critical of the pharmaceutical industry’s pricing practices. Novo Nordisk is expected to defend its pricing, citing high development costs and insurance coverage, while critics point to the company’s significant profits and potential inclusion of their drugs in Medicare’s negotiated pricing program.
The European Medicines Agency (EMA) has recommended a label update for Novo Nordisk’s Wegovy (semaglutide 2.4 mg), incorporating data showing its potential to reduce heart failure symptoms and improve physical function in obese individuals with heart failure with preserved ejection fraction (HFpEF). This update is based on positive results from the STEP HFpEF trials, which demonstrated Wegovy’s efficacy in reducing heart failure symptoms, improving physical limitations, and promoting weight loss compared to placebo.
A US judge’s decision in a multidistrict litigation involving diabetes and weight-loss drugs could significantly impact the course of lawsuits against Novo Nordisk and Eli Lilly. The ruling allows for early resolution of key legal questions, potentially streamlining or halting the litigation before it progresses. The plaintiffs claim the drugs caused gastroparesis, but the companies argue their labels adequately warn of potential gastrointestinal side effects.
A new study published in The Lancet suggests that semaglutide, a drug commonly used for diabetes and weight loss, may significantly reduce the risk of cardiovascular death and worsening heart failure in patients with specific types of heart failure. The analysis, combining data from four clinical trials, found a 31% reduction in combined cardiovascular death or worsening heart failure events in those taking semaglutide.