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Express News | USA President Biden: Novo-Nordisk must reduce the price of Ozempic (injectable anti-diabetic drug) and Wegovy (injectable weight loss drug).
Express News | Biden: Novo Nordisk and Eli Lilly and Co must lower the prices of weight-loss drugs in the USA.
Conagra Took a GLP-1 Hit. Why It Is Stock Is Worth a Look. -- Barrons.com
By Paul R. La Monica Ozempic and other popular injectable GLP-1 drugs aren't just helping dieters shed pounds. They're also leading to share price losses for top food stocks. Take a look at Conagra B
Eli Lilly History: Beyond the Ticker
US President Calls Out Eli Lilly, Novo Nordisk Over High Drug Prices
Eli Lilly (LLY.SW) and Novo Nordisk (NOVO-B.CO) were singled out by US President Joe Biden for "price gouging" and "corporate greed" for the prices of their diabetes and obesity drugs in the country.
US stock market anomaly | Biden claims it "deceived the American people", Eli Lilly and Co (LLY.US) and Novo Nordisk A/S (NVO.US) fell more than 3%.
According to Zhītōng Cáijīng APP, on Tuesday, the stock prices of US pharmaceutical companies Eli Lilly and Co. (LLY.US) and Novo Nordisk A/S (NVO.US) fell, both dropping more than 3% at the time of writing. Previously, US President Biden urged these two pharmaceutical giants to significantly reduce the prices of their products, including anti-obesity drugs. In an article published by foreign media, Biden and Senator Sanders stated that Eli Lilly and Novo Nordisk are examples of large pharmaceutical companies "cheating the American people." Biden and Sanders stated, "If these drugs are not significantly reduced in price, they could potentially bankrupt America's healthcare system. We will not allow that."