New York CNN —President-elect Donald Trump’s quest to buy Greenland from Denmark could make Ozempic and Wegovy, the weight-loss and diabetes drugs exploding in popularity, even more expensive for Americans.
That figure is likely even higher for 2024 because Novo Nordisk, the Danish pharmaceutical giant, makes one of the hottest drugs on the market: Ozempic.
“Novo Nordisk retains a sizable monopoly power on the market,” said Jacob Funk Kirkegaard, senior fellow at the Peterson Institute for International Economics.
Charlotte de la Fuente/Bloomberg/Getty ImagesIt’s also gotten the attention of officials at Novo Nordisk.
However, Novo Nordisk has facilities that fill the containers and package them around the world, including in the United States.
Persons:
Donald Trump’s, Trump, ”, Jacob Funk Kirkegaard, Donald Trump, it’s, we’ll, Christine McDaniel, George W, George Mason University’s, Charlotte de la Fuente, It’s, “, Evan Seigerman, McDaniel, ” McDaniel, Scott Olson, ” Kirkegaard, Kirkegaard, Vladimir Putin, Meg Tirrell
Organizations:
New, New York CNN, United Nations, Trading Economics, Novo Nordisk, Trump, “ Novo Nordisk, Peterson Institute for International Economics, Wegovy, Nordisk, “, CNN, Bloomberg, Getty, ”, BMO Capital Markets, pharma, United, Mercatus Center, Peterson Institute senior
Locations:
New York, Greenland, Denmark, United States, Danish, Hillerod, Clayton , North Carolina, Chicago, Canada, Ukraine