Market Chatter: Novo Nordisk Exec Says Ozempic 'Very Likely' to Face Drug Price Negotiations-March 2024-www.financetom.com

Market Chatter: Novo Nordisk Exec Says Ozempic 'Very Likely' to Face Drug Price Negotiations

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Market Chatter: Novo Nordisk Exec Says Ozempic 'Very Likely' to Face Drug Price Negotiations

Sep 17, 2024 11:32 AM

02:08 PM EDT, 09/17/2024 (MT Newswires) -- Novo Nordisk's ( NVO ) Ozempic is "very likely" to be one of the next drugs to face price negotiations with the US government, a company executive said Tuesday at the Cantor Global Healthcare Conference in New York, Bloomberg reported.

"It is very likely that Ozempic will be part of negotiations in the coming round, and we're ready for that," said Ulrich Otte, senior vice president of finance & operations for Novo Nordisk ( NVO ).

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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