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.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NVO:
- Tiziana Life Sciences announces results from ozempic, nasal anti-CD3 study
- FDA posts summary of Novo Nordisk site inspections made earlier this year
- Novo Nordisk’s Bold Share Repurchase Strategy
- Novo Nordisk downgraded to Hold from Buy at Erste Group
- Eli Lilly’s Weight Loss Drug Mounjaro Finds its Place in Hong Kong