Business By Shannon Thaler Published November 1, 2023, 12:10 p.m. ET Growing demand for Ozempic and Wegovy, made by Novo Nordisk, has fueled a rise in illegal sales of weight-loss drugs in Denmark, where the pharmaceutical company is based, the Danish Medicines Agency reported. The agency said in a statement released Tuesday that authorities are …
Shoppers look at blankets on sale at a Costco warehouse Thursday, Aug. 24, 2023, in Sheridan, Colorado. On Wednesday, the Department of Labor releases its consumer price report for the month of August. (AP Photo/David Zalubowski) (NewsNation) After signs that U.S. weight-loss drugs were cutting into the food industry’s profits, experts say spending is shifting …
Ozempic and Wegovy. These are the two drugs that are the focus of any income or press release coming fromNovo Nordisk(NVO -0.09%). The Danish company struck gold not only with a cutting-edge diabetes drug in Ozempic, but also with an impressive weight loss treatment in Wegovy. Both drugs actually help people lose weight and are …
WEST PALM BEACH, Florida. The Journal of the American Medical Association reports that some of the most popular medications available for weight loss, including Ozempic, Wegovy, and Saxenda, may be linked to an increased risk of serious stomach problems in some people. The research was published earlier this month and highlights drugs that fall into …
Weight loss medications have grown in popularity in recent years. People even use a drug like Ozempic, although it is only approved for diabetes, simply because it helps them lose weight. In the last three months of 2022 alone, more than 9 million prescriptions for weight loss drugs were dispensed in the United States. In …
Wegovy injection pens Michael Siluk/UCG/Universal Images Group via Getty Images At a health care conference, executives debated whether employers should pay for workers’ weight-loss drugs. A Blackstone executive warned that expensive GLP-1 drugs could put some employers out of business. Panelists agreed that companies covering drugs should do so as part of a broader support …