US Senator Bernie Sanders Says Pharmacy Benefit Managers Have Committed To Expand Coverage For Novo Nordisk's Weight-loss Drugs If Company Reduces List Price
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US Senator Bernie Sanders announced that Pharmacy Benefit Managers (PBMs) have agreed to expand coverage for Novo Nordisk's weight-loss drugs if the company reduces the list price. This development could potentially increase the market reach of Novo Nordisk's products.
September 24, 2024 | 2:21 pm
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Novo Nordisk may see increased market reach for its weight-loss drugs as Pharmacy Benefit Managers commit to expanding coverage if the company reduces list prices.
The agreement with PBMs to expand coverage contingent on price reduction could lead to increased sales volume for Novo Nordisk's weight-loss drugs, positively impacting the company's revenue and stock price.
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