Senate Hearing on High Prices of Ozempic and Wegovy: Novo Nordisk's Response

Monday, 23 September 2024, 10:11

Ozempic and Wegovy prices are under scrutiny as Novo Nordisk CEO Lars Fruergaard Jørgensen prepares for a Senate hearing. U.S. lawmakers, led by Bernie Sanders, are demanding answers about the high costs associated with these drugs. This hearing aims to address the need for drug price reductions, highlighting ongoing concerns in healthcare pricing strategies.
Benzinga
Senate Hearing on High Prices of Ozempic and Wegovy: Novo Nordisk's Response

High Drug Prices Spark Senate Inquiry

As Ozempic and Wegovy grow increasingly popular in managing weight and diabetes, their rising costs are coming under fire. Senator Bernie Sanders is at the forefront of this inquiry, aiming to uncover the reasons behind the exorbitant prices set by Novo Nordisk. The scheduled hearing stipulates a need for accountability from the CEO Lars Fruergaard Jørgensen.

Calls for Affordable Medication

  • Investigation into the pricing strategies of weight loss drugs.
  • Potential legislative changes to enhance medication affordability.
  • Focus on the impact of high drug costs on patients' access to treatment.

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