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Novo says Ozempic 'very likely' to be on 2027 Medicare negotiation list, Bloomberg News reports
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Novo says Ozempic 'very likely' to be on 2027 Medicare negotiation list, Bloomberg News reports
Sep 21, 2024 5:25 PM

Sept 17 (Reuters) - Danish drugmaker Novo Nordisk

expects its diabetes drug Ozempic will "very likely"

be on the U.S. government's 2027 list of price negotiations,

Bloomberg News reported on Tuesday citing a company executive.

Part of 2022's Inflation Reduction Act allows Medicare to

negotiate prices for prescription drugs that had been

particularly expensive for the federal health program which

covers millions of Americans aged 65 and older as well as the

disabled.

Novo executives have previously said it is too soon to know

the impact of the negotiations on Ozempic. Wall Street analysts

are also betting on a 2027 list that will include Ozempic.

The company did not immediately respond to a Reuters request

for comment.

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