Novo Nordisk announced a reduction in the price of Wegovy for uninsured patients.
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Novo Nordisk advanced 4% after announcing plans to sell its weight loss drug Wegovy at a reduced price.
The company announced a price cut for its weight loss drug Wegovy.
Competing company that produces the weight-loss drug Wegovy.
The company offers Wegovy for less than half of its usual price through a new online pharmacy.
Novo Nordisk produces existing weight loss drugs that MariTide aims to compete against.
Competing with Eli Lilly's drugs Zepbound and Mounjaro in the GLP-1 market.
Company that produces GLP-1 weight loss medications Ozempic and Wegovy.