financetom
Business
financetom
/
Business
/
Novo Nordisk Accepts US Inflation Reduction Act Pricing for Semaglutide-Based Products
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Novo Nordisk Accepts US Inflation Reduction Act Pricing for Semaglutide-Based Products
Nov 5, 2025 3:58 AM

06:32 AM EST, 11/05/2025 (MT Newswires) -- Novo Nordisk ( NVO ) said Wednesday that it has accepted the US Inflation Reduction Act's Maximum Fair Price, or MFP, for its semaglutide-based Ozempic, Rybelsus, and Wegovy products, in Medicare Part D.

The company said the prices will be effective as of January 2027.

Novo Nordisk ( NVO ) did not disclose specific pricing details but said it would have had a "negative low single-digit impact on global sales growth" for the full year 2025 had it been implemented on Jan. 1, 2025.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Honeywell Launching Automation Software for Large-Scale Battery Production
Honeywell Launching Automation Software for Large-Scale Battery Production
Jun 11, 2024
09:29 AM EDT, 06/11/2024 (MT Newswires) -- Honeywell International ( HON ) said Tuesday it is launching its Battery Manufacturing Excellence Platform, a software product to optimize gigafactories' operations. The platform will cut cell manufacturing costs, shorten production ramp-up cycles, and decrease material waste by 60% at startup, the company said. The product uses artificial intelligence-backed techniques during the manufacturing...
What's Going On With MicroStrategy Stock?
What's Going On With MicroStrategy Stock?
Jun 11, 2024
MicroStrategy Incorporated ( MSTR ) shares are trading lower Tuesday amid a drop in the price of Bitcoin (CRYPTO: BTC). Here's a look at what's going on.  The Details: Bitcoin is down by more than 3% over the past 24 hours at $67,171.52, according to data from Benzinga Pro. MicroStrategy ( MSTR ) is the largest institutional holder of bitcoin...
Some Nordic retail brokers allow clients to vote at Tesla AGM
Some Nordic retail brokers allow clients to vote at Tesla AGM
Jun 11, 2024
COPENHAGEN (Reuters) - Some Nordic retail brokerages are allowing clients to vote at Tesla's annual general meeting (AGM) this week, departing from their regular practice, after significant interest from investors and online comments from CEO Elon Musk. The June 13 AGM is shaping up as a referendum on Musk's leadership, after a judge invalidated the CEO's $56 billion pay package...
CuriosityStream's Board Approves $4 Million Stock Buyback Plan
CuriosityStream's Board Approves $4 Million Stock Buyback Plan
Jun 11, 2024
09:29 AM EDT, 06/11/2024 (MT Newswires) -- CuriosityStream ( CURI ) said Tuesday its board has approved a stock buyback plan for up to $4 million of the company's common shares. The company's shares were up more than 6% in recent Tuesday premarket activity. Price: 1.0400, Change: +0.06, Percent Change: +6.12 ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved