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Stock price information reflected on a window at the Euronext NV stock exchange in Paris, France, on Monday, March 13, 2023. European markets closed lower Tuesday, as positive momentum from the past few days faltered. The pan-European Stoxx 600 provisionally closed 0.5% lower, with all major bourses and most sectors in the red. Mining stocks stocks lost 2.3% while health-care stocks were the biggest gainer, adding 0.8%. Banking stocks shed 2.1%, with Italy's UniCredit losing more than 4%, as investors looked ahead to the European Central Bank's latest interest rate decision later this week.
Persons: Italy's UniCredit Organizations: Banking, Central, Maersk, ECB Locations: Paris, France, Danish
The anti-obesity drug market will be worth $130 billion by 2030, Goldman Sachs said. New products such as Eli Lilly's Zepbound prompted the bank to raise its forecast. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThe market for weight-loss drugs such as Ozempic and Wegovy will keep surging due to new products including Eli Lilly's Zepbound, according to Goldman Sachs. In a research note the bank forecast that the sector will be worth $130 billion by 2030 — $30 billion higher than its previous projection.
Persons: Goldman Sachs, Eli Lilly's Zepbound, , Wegovy, Eli Lilly, Chris Shibutani Organizations: FDA, pharma, Service, Nordisk, Business Locations: Danish
Those searching for pockets of opportunities in the region can look to Goldman Sachs' selection of "alpha" stock opportunities. Goldman Sachs' list of opportunities include stocks with "deep value" and "defensive growth" characteristics. The company's shares are traded in the First Trust United Kingdom AlphaDEX Fund (1.2% weight) and Goldman Sachs ActiveBeta Europe Equity ETF (0.3%). 'Strong top-line prospects' Growth stocks the Wall Street bank is bullish on include those "with strong top-line prospects at reasonable growth-adjusted valuations." ASML: Goldman said the company has a "multi-decade competitive moat in High NA, which will be extremely difficult to replicate for the next 10-20 years at least."
Persons: Goldman Sachs, JD, Goldman, ASML, CNBC's Michael Bloom Organizations: Alpha, Sports Fashion, International Consolidated Airlines Group, ISS, First, United, AlphaDEX Fund, Equity, U.S . Global Jets ETF, NA, Euronext Amsterdam, Nasdaq Locations: U.S, Danish, Europe, Adyen
When mortgage rates shoot up, as they did over the past two years, many would-be sellers decide they don't want to move after all. AdvertisementAs the Federal Reserve began pushing up borrowing rates in the spring of 2022, hoping to reel in rising inflation, mortgage rates went vertical. So far, this system of pooling together mortgage bonds and selling them to investors is pretty close to the American way of doing things. When US homeowners pay off their mortgages, they have only one option: pony up the amount left on the loan. That's not just good for buyers or sellers or mortgage loan officers — it's good for everyone.
Persons: It's, John Campbell, Danes, Freddie Mac, that's, Will Doerner, , aren't, pesky, Campbell, Fannie Mae, Banks, Jesper Berg, there's, That's Organizations: Harvard, Federal Reserve, Federal Housing Finance Agency, Homeowners, Danish Financial Supervisory Authority Locations: America, , Denmark, Zillow, Canada, Australia, Danish
Why Bolivia is Latin America’s next dining destination
  + stars: | 2024-05-28 | by ( Joe Yogerst | ) edition.cnn.com   time to read: +9 min
Capital city La Paz boasts three eateries — Gustu, Ancestral and Phayawi — currently ranked among the top 100 restaurants in Latin America. Bolivia’s food revolution has also spread to major cities such as Sucre as well as the Uyuni Salt Flats. Rather than fine dining, the ambience is decidedly casual, the tables spread across three floors of an old wooden townhouse in the boho Sopocachi neighborhood of central La Paz. Courtesy PhayawiZero-kilometer goes widerSucre, the nation’s judicial capital in south-central Bolivia, isn’t as cosmopolitan as La Paz when it comes to food. Courtesy Joe YogerstBut that’s not to say that Bolivia’s food revolution has reached every nook and cranny.
Persons: foodways, , Marsia Taha, ” Taha, Taha, Joe Yogerst, Gustu, Claus Meyer, Meyer, , We’re, Sebastián Giménez, It’s, quinoa, it’s, Guadalupe, Joy, Uyuni, Tania López, López, , Tika Organizations: CNN, La Paz, La, Nordic, Michelin, Mercado Central, padres, NASA, Hidalgo Tours Locations: Bolivia, South, Capital, Latin America, La Paz, Sucre, Bolivian, Gustu, Danish, Copenhagen, Lake Titicaca, Phayawi, Basque, altiplano, Argentina, San, city’s, El, Bolivia’s, Hidalgo, Sol
Diabetes is a key risk factor for kidney disease, which is one of the leading causes of death in the United States and worldwide; about 1 in 3 people with diabetes also has chronic kidney disease, according to the US Centers for Disease Control and Prevention. But new research shows that weekly injections of semaglutide cut the risk of severe outcomes from diabetic kidney disease by about 24%. The new study found even broader related benefits of semaglutide treatment among people with diabetic kidney disease. “Kidney disease attributed to diabetes, or diabetic kidney disease, is one of the most common and deadly complications of diabetes. Yet, unfortunately, there’s very low awareness around it,” said Dr. Katherine Tuttle, chair of the Diabetic Kidney Disease Collaborative for the American Society of Nephrology.
Persons: , Vlado Perkovic, “ Semaglutide, Martin Holst Lange, Katherine Tuttle, ” It’s, Tuttle, semaglutide, It’s, Dr, Sanjay Gupta, White, ” Tuttle Organizations: CNN, Diabetes, US Centers for Disease Control, New England, of Medicine, European Renal Association Congress, University of New, University of New South Wales Sydney, Novo Nordisk, American Society of Nephrology, Providence Inland Northwest Health, Health Sciences, University of Washington, CNN Health Locations: United States, University of New South, Danish, American
Aerial view of Eleven Mile Solar in Coolidge, Az. Put simply, large financial institutions provide part of the financing for a renewable energy project, in exchange for the project's tax credits. Smaller developers don't always have the means to enter into these partnerships, and the appetite from large financial institutions to take stakes in renewable energy projects is limited. That's "[s]till far short of what is needed in the post-IRA clean energy investment landscape," the investment bank Evercore ISI noted. Aerial view of Eleven Mile Solar in Coolidge, Az.
Persons: Az, Van Applegate, Orsted, Biden, , Applegate Organizations: JPMorgan, U.S, Orsted's, IRA, American Council, Renewable Energy Locations: Coolidge, U.S, Coolidge , Arizona, Mineral , Texas, Nextracker
CNN —“The Apprentice,” a new film about former President Donald Trump’s real estate dealings in New York in the ’80s, debuted to a standing ovation at the Cannes Film Festival and criticism from his campaign. Starring Sebastian Stan as a young Trump, the film is an “exploration of power and ambition set in a world of corruption and deceit,” according to an official synopsis. “Succession” star Jeremy Strong co-stars as Roy Cohn, the lawyer and fixer who Trump considered a mentor early in his career. There is only the way of dealing with this wave on its own turfs at its own level,” he said. APThe film includes a depiction of Trump’s relationship with his first wife, Ivana, and their divorce, according to The Hollywood Reporter.
Persons: CNN —, , Donald Trump’s, Sebastian Stan, Trump, Jeremy Strong, Roy Cohn, , Gabriel Sherman, Ali Abbasi, ” Abassi, “ It’s, ” Gabriel Sherman, Maria Bakalova, Martin Donovan, Ivana, liposuction, ” Steven Cheung, doesn’t, ” Maria Bakalova, Ivana Trump, Catherine McNally, Charlie Carrick Organizations: CNN, Cannes Film, Republican, Iranian, Hollywood, Trump Locations: New York, Danish
Gold and silver bars of various sizes lie in a safe on a table at the precious metals dealer Pro Aurum in Munich. Gold, silver and platinum prices have been on a tear so far this year, and strategists say the precious metals could continue to hit fresh record highs over the coming months. Spot silver prices, meanwhile, traded 0.5% lower at around $29.54 per ounce. Strategists at Saxo Bank said in a recent research note that gold prices could soon test the $2,400 level, silver may climb as high as $30, while platinum has upside potential to reach $1,130. The Danish bank said Wednesday that its "year of the metals" theme had continued to gather momentum in recent weeks, citing its preference for gold, silver and copper.
Organizations: Aurum, Federal Reserve, Saxo Bank Locations: Munich, London, Danish
A legendary Danish coin collection will go up for sale later this year after 100 years. The auction house handling the sale says the collection is worth $72 million. The tycoon who compiled the collection stipulated it could not be sold until 100 years after his death. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementOne of the most valuable privately-owned coin collections is headed to auction later this year after spending more than a century shrouded in secrecy.
Persons: , Lars Emil Bruun Organizations: Service, Business Locations: Danish, Bruun's
Check out the companies making the biggest moves in premarket trading: Meme stocks -- GameStop soared 120%, adding to the 74.4% it gained Monday , after the man who fueled the 2021 GameStop frenzy "Roaring Kitty" posted online for the first time in about three years. Shares of AMC popped 106%, while Reddit and Robinhood added 4% and nearly 6%, respectively. Alibaba -- U.S.-listed shares shed nearly 5% after the Chinese e-commerce giant reported an 86% drop in profits for its fiscal fourth quarter . However, Alibaba beat revenue expectations, coming in at 221.9 billion Chinese yuan ($30.7 billion) versus the LSEG consensus estimate of 219.66 billion yuan. Sony -- U.S.-listed shares added 3% after the PlayStation maker reported quarterly revenue of 3.5 trillion yen, topping the 2.89 trillion yen, per LSEG.
Persons: Kitty, Robinhood, FactSet, , Jesse Pound, Alex Harring Organizations: GameStop, AMC, Home, LSEG, Revenue, Sony, PlayStation, Vodafone, Walmart, Wall Street Journal, United Airlines, Novo Nordisk
Hyper-luxury golf carts that you can drive on the road
  + stars: | 2024-05-13 | by ( Jack Bantock | ) edition.cnn.com   time to read: +7 min
But one Danish company is on a mission to put the art in golf cart. “When it came to the golf cart 18 years ago, they all looked the same – there weren’t any serious high-end products out there,” Lynge told CNN. You want something that’s sort of Lamborghini-shaped – very low and wide – but the golf cart is the exact opposite.”Tiger Woods rides a conventional golf cart at a tournament in 2005. Lynge took the prize ceremony event as an opportunity to pitch a dream that would be realized in 2016 – a Garia golf car inspired by Mercedes-Benz Style. “Really expensive … super exclusive, but also the coolest golf car you’ll ever see,” Lynge said.
Persons: Anders Lynge, Soren Bak Hansen, ” Lynge, Garia, Lynge, , , Woods, Jeff Gross, Mercedes, Lars Larsen, Lynges, , we’ve Organizations: CNN, Augusta National, Garia, Bentley, Lamborghini, Kussmaul, Mercedes, Benz, US, Lars Larsen Group Locations: Turnberry, Scotland, Copenhagen, German, Europe, , London
The dredging project is expected to be completed in Fall 2025, making the Port of Virginia the deepest and widest harbor on the East Coast. "Ultra-large container vessels have challenged every port," said Stephen Edwards, CEO of the Port of Virginia. Edwards said the port was able to quickly absorb Baltimore freight because of the ocean carrier service overlap in calling on the Port of Virginia, Baltimore and Port of New York/New Jersey. In January, the port became the first East Coast port to power all its terminals with 100% clean energy, eight years ahead of the 2032 target it set for that goal. The expansion will increase the fleet at NIT to 152 electric stacking cranes, seven electric rail cranes, and 31 electric ship-to-shore cranes.
Persons: Lori Ann LaRocco, Stephen Edwards, " Edwards, Edwards, It's, Good Hope, D'Andrae Larry, Larry, Jones, monopiles, Monopiles Organizations: NIT, CNBC, U.S ., Commonwealth, Walmart, Maersk, Port, Baltimore, Rail, Norfolk International, Uber, Virginia Department of Transportation, Dominion Energy, Rappahannock Electric Cooperative, ClearView Energy Partners, of Ocean Energy, U.S, District of Columbia, Dominion Locations: Port of Virginia, Port, Virginia, U.S . East Coast, Norfolk, Coast, of Virginia, East Coast, U.S, Delaware, South, Southeast Asia, Northeast Asia, India, Red, Suez, Good, Baltimore, Port of Baltimore, Port of New York, New Jersey, of Virginia's, Commonwealth, Norfolk , Virginia, East, Virginia Beach
‘Aha’ momentCynthia Wilson and her husband Craig Bjork relocated from the US to Marinha Grande, situated in the Leiria District of Portugal, just over two years ago. Community spiritThe couple celebrate Wilson's first birthday in Portugal with friends. “My Portuguese friends taught me that you have to first recognize their humanity,” says Wilson. There’s no place for that.”Wilson has warmly embraced the Portuguese way of life, particularly the focus on food, which has long been a big part of her life. Doing something odd.”Wilson and Bjork say that they’ve had “zero problems” since relocating to Portugal and couldn’t be happier.
Persons: CNN — They’d, Cynthia Wilson, Craig Bjork, Wilson, , I’ve, ” Wilson, , Bjork, , it’s, Wilson's, , Cynthia Wilson “ Retirement’s, that’s, I’m, hasn’t, ” “, , they’ve, Dulce Silva, Sérgio Carvalho, grandly, Rainha Joia, Maria da Silva, Cynthia Wilson Wilson, “ There’s, couldn’t Organizations: CNN, CNN Travel, Facebook Locations: Portugal, Europe, Seattle, Estonia, Marinha, Leiria District, Lisbon, Kansas, Wichita , Kansas, Marinha Grande, Porto, Algarve, San Francisco, Manhattan, Florabela, America,
Amgen is among the leaders of a pack of drugmakers racing to join the market with their own weight loss treatments. Amgen's drug, MariTide, is taken less frequently than Novo Nordisk's Wegovy and Eli Lilly's Zepbound, and may cause longer-lasting weight loss than the market leaders' injections. Novo Nordisk and Eli Lilly are also working on new weight loss drugs. The competition for a slice of the weight loss market has only grown more fierce in recent months. An injection pen of Zepbound, Eli Lilly’s weight loss drug, is displayed in New York City, U.S., December 11, 2023.
Persons: NOVO.B, Scott Olson, Eli Lilly, Nordisk's Wegovy, Eli Lilly's Zepbound, Amgen, William Blair, Matt Phipps, Bob Bradley, Boehringer Ingelheim, Phipps, Zepbound, Chris Schott, MariTide, Mario Tama, he's, Eli Lilly drugs, CagriSema, Eli Lilly’s, Brendan McDermid, Boehringer, Ingelheim, survodutide, Pascal Soriot, Christopher Furlong, dealmaking, David Denton Organizations: New, Halstead Pharmacy, Getty, Novo Nordisk, Nordisk's, William Blair & Company, CNBC, Therapeutics, AstraZeneca, Zealand Pharma, MariTide, Reuters, GLP, Pfizer, Eccogene Locations: Chicago , Illinois, Novo, Amgen, Thousand Oaks , California, New York City, U.S, Zealand, Macclesfield
Macron Adds a Personal Touch to His Diplomacy With China
  + stars: | 2024-05-07 | by ( Roger Cohen | ) www.nytimes.com   time to read: +1 min
The French president, Emmanuel Macron, who believes that a personal touch is the key to diplomacy, lured President Xi Jinping of China to a 7,000-foot pass in the Pyrenees on Tuesday, expecting to show off the sweeping views that had stamped his childhood, but instead finding dense fog and wild snow flurries. It was a long, slippery road up the mountain, under torrential rain, but that didn’t stop crowds of Chinese admirers with red flags and pennants from gathering in almost every village along the way, miraculously transposed to a remote area of southwestern France and seemingly uniform in their enthusiasm. Undeterred, but running two hours late, Mr. Macron greeted Mr. Xi under an umbrella at one of his favorite restaurants, “L’Auberge du Berger,” or the “Shepherd’s Stop,” where dancers in colorful local dress twirled and jigged to the sounds of a flute, an accordion and a tom-tom. Mr. Xi was impassive, but his wife, Peng Liyuan, smiled broadly and applauded. Using the familiar “tu” form to address Mr. Xi, 70, rather than the formal “vous” that would have been more customary between heads of state, Mr. Macron, 46, offered the Chinese leader a yellow jersey signed by last year’s Tour de France winner, Jonas Vingegaard, a Danish cyclist.
Persons: Emmanuel Macron, Xi Jinping, Macron, Xi, L’Auberge du Berger, , Peng Liyuan, Jonas Vingegaard Organizations: de France Locations: China, Pyrenees, France, Danish
Was the Stone Age Actually the Wood Age?
  + stars: | 2024-05-04 | by ( Franz Lidz | ) www.nytimes.com   time to read: +2 min
The basic chronology — Stone Age to Bronze Age to Iron Age — now underpins the archaeology of most of the Old World (and cartoons like “The Flintstones” and “The Croods”). Thomsen could well have substituted Wood Age for Stone Age, according to Thomas Terberger, an archaeologist and head of research at the Department of Cultural Heritage of Lower Saxony, in Germany. “We can probably assume that wooden tools have been around just as long as stone ones, that is, two and a half or three million years,“ he said. Of the thousands of archaeological sites that can be traced to the era, wood has been recovered from fewer than 10. The projectiles unearthed at the Schöningen site, known as Spear Horizon, are considered the oldest preserved hunting weapons.
Persons: Christian Jürgensen Thomsen, Thomsen, Thomas Terberger, , Terberger, heidelbergensis Organizations: Department of Cultural Heritage, National Academy of Sciences Locations: Danish, Europe, Lower Saxony, Germany, Schöningen
Shares of Danish pharmaceutical giant Novo Nordisk slid 4% on Friday, extending a 2.7% loss on Thursday as analysts pored over the details of the firm's first-quarter results and monitored a potential rival weight loss treatment. The company reported that sales for its blockbuster injectable weight loss treatment Wegovy, more than doubled to 9.38 billion Danish kroner ($1.4 billion). Novo Nordisk, which also makes diabetes treatment Ozempic, said the rise in sales had offset a slight reduction in prices. Analysts expected even higher weight loss drug sales in the quarter, and some noted that Novo Nordisk's 2024 outlook raise for both sales growth and operating profit was due to one-off accounting adjustments. The boom in demand for weight loss treatments saw Novo Nordisk overtake French luxury group LVMH to become Europe's most valuable company last year.
Persons: Karsten Knudsen, Karen Andersen Organizations: Novo Nordisk, Novo, Morningstar Locations: Novo
Read previewDanish drugmaker Novo Nordisk will lower prices of its weight loss drug Wegovy as it plans to raise sales volumes and navigate tough competition. Prices for the blockbuster drug fell in the first quarter. Sales of Wegovy more than doubled in the first quarter year-on-year, to 9.4 billion Danish crowns, or $1.3 billion, according to the company's earnings. They did not specify how much Novo plans to cut Wegovy's prices. AdvertisementThe Danish pharmaceutical maker, which also produces viral weight loss drug Ozempic, reported better-than-expected sales of 65 billion Danish crowns, or $9.4 billion, in the first quarter.
Persons: , Karsten Munk Knudsen, Knudsen, Lars Fruergaard Jorgensen, Ozempic, Eli Lilly, Wegovy, Bernie Sanders, Goldman Sachs, Oprah Winfrey, Elon Musk, Charles Barkley Organizations: Service, Nordisk, Business Locations: Danish, Novo
ImageHERE’S WHAT’S HAPPENINGExxon Mobil strikes an agreement to win regulatory approval of its $60 billion megadeal. Elsewhere, shares in Shell were up after the producer reported $7.7 billion in adjusted quarterly earnings, beating analyst expectations. The U.S. imposes sanctions on Chinese companies over military support for Russia’s war effort. The Biden administration announced on Wednesday nearly 300 sanctions, including on more than a dozen Chinese businesses, aimed at disrupting Moscow’s full-scale invasion of Ukraine. The culprit: pressure on prices, amid growing competition from Eli Lilly’s Zepbound, supply constraints and scrutiny from lawmakers.
Persons: Scott Sheffield, Biden, Janet Yellen, Antony Blinken, Eli Lilly’s Zepbound, James Comer, Comer Organizations: Labor Department, Exxon Mobil, Natural Resources, Wall Street, Novo Nordisk, Republican, European Commission Locations: Shell, U.S, Ukraine, Danish, Kentucky, iRobot
Known as Shanidar Z, after the cave in Iraqi Kurdistan where she was found in 2018, the woman was a Neanderthal, a type of ancient human that disappeared around 40,000 years ago. The Shanidar Z facial reconstruction suggests that these differences might not have been so stark in life, Pomeroy said. Shanidar cave in Iraqi Kurdistan was first excavated in the 1950s. Neanderthals may not have honored their dead with bouquets of flowers, but the inhabitants of Shanidar Cave were likely an empathetic species, research suggests. Shanidar Z is the first Neanderthal found in the cave in more than 50 years, Pomeroy said, but the site could still yield more discoveries.
Persons: sapiens, Emma Pomeroy, Pomeroy, , “ She’s, ” Pomeroy, Graeme Barker, , Adrie, Alfons Kennis, Dr, Lucía, Danish paleoartists Adrie Organizations: CNN, BBC, Netflix, University of Cambridge’s, Cambridge, Liverpool, University of Cambridge, Catalan Institute, Human Locations: Kurdistan, Europe, East, Central Asia, Shanidar, Cambridge, Spain, Danish
It is aiming to be the first high-income country to reach net zero emissions in 2035 and net negative by 2040. Denmark, which the World Happiness Report recognized as the world's second-happiest country, is targeting net zero by 2045 — and net negative by 2050. Thierry Monasse | Getty Images News | Getty ImagesDanish Climate Minister Lars Aagaard said the need for negative emissions was clear. He added that Denmark's ability to achieve net negative emissions would hinge upon policies implemented over the next five to seven years. Sopa Images | Lightrocket | Getty Images
Persons: Sergei Gapon, Thierry Monasse, Lars Aagaard, Denmark's Aagaard, , Stefano Guidi, Donald Trump, Joe Biden, Trump, Biden, Kai Mykkänen, Mykkänen, Moscow … Organizations: Afp, Getty, Atlantic ., Agriculture Ministers, CNBC, Lars Aagaard Danish Climate, United Arab Emirates, Union, Nationalist, Former U.S, Finnish Climate Locations: Copenhagen, Denmark, Atlantic, Atlantic . Finland, Finland, Brussels, Belgium, Lars Aagaard Danish, Panama, Europe, Germany, France, Turin, Italy, U.S, November's, Paris, Finnish, Helsinki, Montreal, Beijing, Moscow, of Finland, Neva Guba
The brand hopes a new strategy tailored to people taking GLP-1 drugs for weight loss will help draw customers into stores and grow its business. We can help,” advertises an overhead banner in GNC’s new GLP-1 “support section.”GNC's new GLP-1 support section is available in all 2,300 stores across the United States. JON SIMON/GNCDanish pharmaceutical company Novo Nordisk is reaping huge profits from creating and selling the hit GLP-1 products. JPMorgan researchers estimate that 30 million people may be taking GLP-1 drugs by 2030, or around 9% of the US population. GNC, which filed for bankruptcy in 2020 and closed more than 1,200 stores, is the latest brand to build a strategy around people taking GLP-1s.
Persons: New York CNN — GNC, GNC, , JON SIMON, WeightWatchers Organizations: New, New York CNN, Novo Nordisk, Pfizer, Roche, JPMorgan, Equinox Locations: New York, United States, Danish
CNN —Turnips, radishes, potatoes… This is not the beginning of Emily Blunt’s shopping list, but rather the items that appeared all over her latest red carpet outfit. And while radishes rarely get a turn on the red carpet, fashion has been committed to making sure we get our greens lately. “Luxury fashion houses are including more and more food/ grocery adjacent items this season because food is a luxury category,” wrote master’s student @kfesteryga. And while we may be seeing more food-themed fashion on runways and in retail stores, the reality is edible patterns are far from new. The turnip, potato and radish two piece is just one of Anderson's many food-themed fashion creations.
Persons: Emily Blunt’s, Guy, , Blunt, Ganni, Loewe, Jonathon Anderson didn’t, Jess Cartner, Morley, piquantés, Gabbana's, Chris Moore, Hubert de Givenchy, Cynthia Rowley, Phoebe Philo, Marc Piasecki, JW Anderson —, Organizations: CNN, Northwestern University, Gabbana, Milan Fashion, Getty, Vogue Locations: Paris, Danish, New York, , artichoke, Gabbana's Milan, TikTok
The U.S. Senate has launched an investigation into the high price of Novo Nordisk 's popular weight loss and diabetes drugs Ozempic and Wegovy in the United States. "As important as these drugs are, they will not do any good for the millions of patients who cannot afford them," wrote Sanders. Wegovy, which is even more expensive than Ozempic, is subject to similarly disparate pricing overseas, wrote Sanders. The powerful progressive senator also made a simple request of the drug company CEO: "Will Novo Nordisk substantially reduce both the list price and the net price of both Ozempic and Wegovy?" He gave Novo Nordisk until May 8 to answer a series of questions about the drug's pricing.
Persons: Ozempic, Danish drugmaker, Sen, Bernie Sanders, Sanders, Lars Fruergaard Jørgensen, Jørgensen Organizations: U.S . Senate, Novo Nordisk, Vermont Independent, Health, Education, Labor, Pensions, Nordisk Locations: United States, Danish, Vermont, Canada, Germany
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