Weight Loss Competition Heats Up In Britain, Online Pharmacies Slash Prices for Wegovy and Mounjaro [Yahoo! Finance]
Novo Nordisk A/S (NVO)
Last novo nordisk a/s earnings: 2/5 01:31 am
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Source: Yahoo! Finance
Mounjaro as initial supply shortages ease, a move driven by growing competition among retailers The reduced prices at retailers like Simple Online Pharmacy, Mayfair Weight Loss Clinic, and London Slimming Clinic reflect the increasing demand for these weight-loss drugs Simple Online Pharmacy, for instance, slashed the price of Mounjaro starter doses from 179 pounds to 149 pounds, responding to unprecedented demand for the drugs. Self-paying patients are a significant source of revenue for drug manufacturers like Novo Nordisk and Eli Lilly. The competition among drug retailers to capture this market share is intensifying, prompting them to offer competitive deals to attract customers. Citing a professor of health economics, Reuters noted that the industry is still exploring its profit margins with these drugs. Pharmacies, particularly those with online platforms, are striving to entice customers with discounts and promotions. However, concerns arise regarding the continuity
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NVO
Earnings
- 5/3/24 - Beat
NVO
Sec Filings
- 5/17/24 - Form 6-K
- 5/17/24 - Form SD
- 5/15/24 - Form 6-K
- NVO's page on the SEC website