'Novo Nordisk Says Wegovy Launch In Germany Won't Hit U.S. Supplies' - Reuters News
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Novo Nordisk will launch its weight-loss drug Wegovy in Germany using a different injection pen to avoid impacting U.S. supplies. The company faced production issues and high demand after launching the drug in the U.S. in June 2021. The launch in Germany is expected to have limited impact due to a German law that bans public insurance schemes from paying for weight-loss drugs.
July 11, 2023 | 2:11 pm
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Novo Nordisk's launch of Wegovy in Germany is not expected to impact U.S. supplies due to the use of a different injection pen. The impact on the company's revenues may be limited due to regulatory restrictions in Germany.
Novo Nordisk's decision to use a different injection pen for the German launch of Wegovy is a strategic move to avoid impacting U.S. supplies. However, a German law that bans public insurance schemes from paying for weight-loss drugs may limit the drug's uptake in the country, potentially limiting the impact on the company's revenues.
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