Novo Nordisk Cuts Wegovy Prices in China Ahead of Generic Threat [Yahoo! Finance]
JD.com, Inc. - American Depositary Shares (JD)
Last jd.com, inc. - american depositary shares earnings: 3/2 05:03 am
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Source: Yahoo! Finance
Local media outlet Yicai reported that the Danish drugmaker cut the listing prices of Wegovy's two highest dosages by roughly half in parts of southwestern China, including Yunnan and Sichuan, citing drug-procurement documents. Under the revised pricing, the higher doses were listed at 987.48 yuan ($141) and 1,284.36 yuan, a move that Novo was quoted as saying could help reduce patients' financial burden and potentially improve treatment adherence. Warning! GuruFocus has detected 1 Warning Sign with NVO. Is NVO fairly valued? Test your thesis with our free DCF calculator. The price adjustments were not limited to offline channels. Yicai reported that prices on the online marketplace operated by JD.com were also lowered, allowing patients across China to place orders after completing an online doctor consultation. This comes as Novo approaches a key inflection point in China, with its patent on semaglutide the active ingredient in Wegovy and Ozempic set to expire in March, a deve
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News
- JD.com (NASDAQ:JD) had its price target lowered by analysts at Morgan Stanley from $28.00 to $24.00. They now have an "underweight" rating on the stock.MarketBeat
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JD
Earnings
- 11/13/25 - Beat
JD
Sec Filings
- 1/8/26 - Form 6-K
- 12/31/25 - Form 144
- 12/31/25 - Form 144
- JD's page on the SEC website