Healthy Returns: U.S. drug shortages reach record high, hitting Wegovy, ADHD medications [CNBC]
Novo Nordisk A/S (NVO)
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Source: CNBC
Drug shortages in the U.S. are at a record high , leaving countless patients in limbo. A total of 323 drugs were in shortage in the first quarter of this year, up from the previous high of 320 in 2014, according to data published last week by the American Society of Health-System Pharmacists and the University of Utah Drug Information Service. That's the most medicines since the groups began tracking shortages in 2001. So, which drugs do the shortfalls affect? Supplies are low for everything from lower doses of Novo Nordisk's blockbuster weight loss drug Wegovy , certain doses of Eli Lilly's popular diabetes injection and weight loss counterpart Zepbound, to key cancer treatments and common antibiotics. Many of them are generic medications, which make up a majority of Americans' prescriptions. “All drug classes are vulnerable to shortages,” Paul Abramowitz, CEO of the American Society of Health-System Pharmacists, or ASHP, wrote in a blog post on Thursday. But he said “some
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News
- UPDATE 1-One dose of Novo Nordisk's Wegovy back in supply, FDA website shows [Yahoo! Finance]Yahoo! Finance
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- Bernie Sanders slams pharma giant for ‘outrageously high' drug prices, threatening the ‘entire health care system' [Yahoo! Finance]Yahoo! Finance
- Novo Nordisk: Medicare Coverage To Unlock Another Big Market For Wegovy [Seeking Alpha]Seeking Alpha
NVO
Earnings
- 11/3/23 - Beat
NVO
Sec Filings
- 4/26/24 - Form 6-K
- 4/25/24 - Form 6-K
- 4/25/24 - Form 6-K
- NVO's page on the SEC website