Novo Nordisk Exec Said 80% Of U.S. Patients Are Paying Less Than $25 Per Month For WeGovy
Portfolio Pulse from Benzinga Newsdesk
An executive at Novo Nordisk has stated that 80% of U.S. patients are paying less than $25 per month for WeGovy, a weight management drug.
November 02, 2023 | 1:32 pm
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POSITIVE IMPACT
Novo Nordisk's WeGovy is affordable for a majority of U.S. patients, which could potentially increase the drug's market share and the company's revenues.
The affordability of WeGovy for a majority of U.S. patients could lead to increased usage of the drug, thereby potentially increasing Novo Nordisk's market share and revenues. This is likely to have a positive impact on the company's stock price in the short term.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100