Novo Nordisk Has Downgraded Its Outlook for the Fourth Time This Year. Here’s What Investors Need to Know.
Key Points Sluggish growth for Novo Nordisk’s GLP-1 drugs caused the company to again reduce its full-year sales guidance. Novo Nordisk faces challenges from the continued compounding of GLP-1 drugs and increased competition. The company hopes to change its fortunes with the approval of a Wegovy pill and the acquisition of Metsera. 10 stocks we […]
Trump punches new $35 billion hole in national debt with deal for Medicare to cover your Ozempic
President Donald Trump has announced a landmark deal aiming to expand Medicare coverage to include certain weight-loss medications, a move that could dramatically change access to these treatments for millions of older Americans. On November 6, Trump revealed that his administration had struck agreements with Eli Lilly and Novo Nordisk, the makers of popular weight-loss […]
Trump and RFK Double Down on Controversial Tylenol Claims at ‘Fat Drug’ Presser: ‘The Science Hasn’t Changed!
President Donald Trump and Health and Human Services Secretary Robert F. Kennedy Jr. doubled down on their controversial claims about Tylenol during an Oval Office press conference Thursday. Kennedy was commenting on the Trump administration’s announcement that Americans would be getting affordable pricing on GLP-1 weight loss drugs like Ozempic and Wegovy when Trump brought […]
Mark Cuban applauds longtime foe Donald Trump for slashing Ozempic cost to $150: ‘I think it’s great’
President Donald Trump announced deals Thursday with pharmaceutical giants Eli Lilly and Novo Nordisk to lower the prices of some popular weight-loss drugs. ANDREW CABALLERO-REYNOLDS/AFP via Getty Images President Trump just announced deals to make GLP-1 drugs from Novo Nordisk and Eli Lilly cheaper. Prices start between $150 and $250 for a one-month supply of […]
Trump Announces Deal To Reduce Weight Loss Drug Prices
President Donald Trump unveiled a deal Thursday with drugmakers Eli Lilly and Novo Nordisk to expand coverage and reduce prices for their popular obesity treatments Zepbound and Wegovy. The drugs are part of a new generation of obesity medications known as GLP-1 receptor agonists that have soared in popularity in recent years. Read the best […]
Trump says agreement reached with Novo Nordisk, Eli Lilly to lower GLP-1 weight loss drugs cost
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Trump Strikes Deal to Offer Americans GLP-1 Drugs for Much Cheaper
With Donald Trump reaping his lowest approval rating of all-time, it’s only natural he’d scramble to throw voters a bone. Apparently, that came in the form of a huge government-mediated discount on the blockbuster weight loss drugs known as GLP-1s, like Wegovy and Zepbound. As reported by the Washington Post prior to the event, Trump […]
Trump strikes major deal with pharma giants Lilly and Novo over obesity drugs, Medicare
Health and Human Services Secretary Robert F. Kennedy Jr. is working on identifying and tackling the root causes of America’s obesity epidemic. In the meantime, the Trump administration wants to make sure that Americans have access to affordable diabetes and weight-loss drugs, specifically glucagon-like peptide-1 receptor agonists, better known as GLP-1 drugs. To this end […]
Trump announces deal with Eli Lilly, Novo Nordisk to lower prices on obesity drugs
The Trump administration announced its newest pharmaceutical agreement under its Most Favored Nation policy Thursday, striking deals with Novo Nordisk and Eli Lilly to sell their GLP-1 products at discounted prices. According to senior administration officials, the two manufacturers have agreed to sell their injectable GLP-1 products for a monthly starting price starting of $245 for people on Medicare and Medicaid, as well as…
Trump announces deal with drugmakers to lower cost of weight-loss drugs
President Donald Trump on Thursday announced deals with pharmaceutical giants Novo Nordisk and Eli Lilly that would cut the cost of the lowest doses of their in-demand weight-loss drugs, lowering the barrier for new patients to access treatment. Under the plan, Novo Nordisk said the lowest doses of Wegovy will cost $149 for a month’s […]