tiprankstipranks
Novo’s Ozempic, Wegovy listed as available by FDA, STAT reports
The Fly

Novo’s Ozempic, Wegovy listed as available by FDA, STAT reports

All doses of Novo Nordisk’s (NVO) diabetes and obesity treatments are listed as available on the FDA’s drug shortage list as of Wednesday, raising the possibility that the medications could soon be taken off the list entirely, a development that could affect compounding pharmacies and patients relying on compounded drugs, STAT’s Elaine Chen reports. Semaglutide has been on the shortage list for over two years, Chen notes. A spokesperson for the FDA says the agency is looking to determine whether the demand for the drug, the scientific name for Ozempic and Wegovy, exceeds supply.

Don't Miss Our Christmas Offers:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App