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Novo Nordisk Lifts Curbs on Wegovy Prescriptions in the Us Ceo Says

Novo Nordisk Lifts Curbs on Wegovy Prescriptions in the US, CEO Says

COPENHAGEN – Novo Nordisk (NYSE: NVO) is lifting curbs on prescriptions of its weight-loss drug Wegovy in the United States and is increasing supply in that market, its CEO said on Wednesday.

“In our guidance for the full year, you can assume that there is a step up in the fourth quarter and that’s partly driven by increased products including Wegovy into the U.S.,” Lars Fruergaard Jorgensen told Reuters in an interview.

He said that the slower pace of weekly prescriptions for Wegovy in the United States in the last couple of months was due to lower starter doses being supplied into the market.

“You can find different periods of times where you can say it’s plateauing but it’s not because of plateaued demand, it’s simply because of the supply into the market,” Fruergaard said.

(Source: Reuters)

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Maria Reed
Maria Reed is a financial journalist with a passion for covering US equities. She joined the ABBO News team in June 2023. Maria holds an M.S. degree in International Economics and Finance from Otto-von-Guericke University in Magdeburg and is a CFA Level 2 candidate.