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home / news releases / NVO - The FTC Cracks Down On Novo Nordisk's Ozempic

NVO - The FTC Cracks Down On Novo Nordisk's Ozempic

Novo Nordisk A/S

2024-05-03 13:45:54 ET

Summary

  • The FTC is investigating improper patent listings, including Novo Nordisk's Ozempic, which could impact shareholders.
  • Novo Nordisk's GLP-1 agonists, including Ozempic, have become a significant part of the company's revenue.
  • The scrutiny from the FTC and Congress on pharmaceutical companies' competitive practices may pose risks for Novo Nordisk shareholders.
  • Furthermore, intense competition is coming for market share, particularly from Eli Lilly.
  • In total, the risks outweigh the rewards for Novo Nordisk.

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For further details see:

The FTC Cracks Down On Novo Nordisk's Ozempic
Stock Information
Company Name: Novo Nordisk A/S
Stock Symbol: NVO
Market: NYSE
Website: novonordisk.com
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